CHASE HOWARD E 4
4 · Patient Safety Technologies, Inc · Filed Jun 28, 2010
Insider Transaction Report
Form 4
CHASE HOWARD E
Director
Transactions
- Disposition to Issuer
Stock option (right to buy)
2010-06-24−200,000→ 0 totalExercise: $0.99Exp: 2019-06-22→ Common Stock (200,000 underlying) - Award
Stock option (right to buy)
2010-06-24+200,000→ 200,000 totalExercise: $0.99Exp: 2012-06-30→ Common Stock (200,000 underlying)
Footnotes (1)
- [F1]The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The "old" option, which was fully vested at the time of grant, was originally granted on June 22, 2009, and would have expired three months' following Mr. Chase's resignation as a Director on June 24, 2010. As amended, the option now expires on June 30, 2012.