4//SEC Filing
WEBER ROBERT C 4
Accession 0001144204-10-026256
CIK 0000874733other
Filed
May 10, 8:00 PM ET
Accepted
May 11, 7:27 PM ET
Size
8.2 KB
Accession
0001144204-10-026256
Insider Transaction Report
Form 4
WEBER ROBERT C
Sen. V.P., Chf. Legal Off & GC
Transactions
- Award
Common Stock
2010-05-07+30,000→ 54,419 total - Award
Stock Option (Right to Buy)
2010-05-07+30,000→ 30,000 totalExercise: $8.94From: 2011-05-01Exp: 2015-05-01→ Common Stock (30,000 underlying)
Footnotes (2)
- [F1]These shares were the subject of a grant of restricted stock under the issuer's 2003 Equity Incentive Plan, as amended. 2,500 shares vest on each of June 30, 2011, June 30, 2012 and June 30, 2013 if the price of the issuer's common stock has increased ten percent (10%) from the prior fiscal year. 7,500 shares each vest upon the filing of the issuer's 2011, 2012 and 2013 Form 10-K, respectively, if the issuer's Compensation Committee determines that the performance metrics setting out the vesting requirements for each respective tranche are achieved. All unvested shares are forfeited upon termination of Mr. Weber's employment or if the shares do not vest in accordance with the performance metrics referred to above. Unvested and not forfeited shares terminate upon an acquisition or sale of the issuer and Mr. Weber shall be paid cash equal to two times the difference between the price per share of the issuer's common stock paid by the acquirer and $8.94 per share.
- [F2]Options to purchase 7,500 shares vest on 05/01/2011, the remaining options vest ratably on 05/01/2012, 05/01/2013 and 05/01/2014. Upon an acquisition or sale of the issuer, all remaining unvested options immediately vest. Issued pursuant to issuer's 2003 Equity Incentive Plan, as amended.
Documents
Issuer
MEDIWARE INFORMATION SYSTEMS INC
CIK 0000874733
Entity typeother
Related Parties
1- filerCIK 0001311415
Filing Metadata
- Form type
- 4
- Filed
- May 10, 8:00 PM ET
- Accepted
- May 11, 7:27 PM ET
- Size
- 8.2 KB