4//SEC Filing
Mann Thomas Kelly 4
Accession 0001144204-10-036572
CIK 0000874733other
Filed
Jul 5, 8:00 PM ET
Accepted
Jul 6, 9:23 AM ET
Size
8.4 KB
Accession
0001144204-10-036572
Insider Transaction Report
Form 4
Mann Thomas Kelly
DirectorCEO and President
Transactions
- Award
Stock Option (Right to Buy)
2010-07-01+100,000→ 100,000 totalExercise: $9.11From: 2011-07-01Exp: 2015-07-01→ Common Stock (100,000 underlying) - Award
Common Stock, Par Value $.10
2010-07-01+150,000→ 263,408 total
Footnotes (3)
- [F1]These shares were the subject of a grant of restricted stock under the issuer's 2003 Equity Incentive Plan, as amended. 12,500 shares vest on each of June 30, 2011, June 30, 2012 and June 30, 2013, respectively, if the price of the issuer's common stock has increased ten percent (10%) from the prior fiscal year. 37,500 shares each vest upon the filing of the issuer's 2011, 2012 and 2013 Form 10-K, respectively, if the issuer's Board of Directors 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. Mann's employment or if the shares do not vest in accordance with the performance metrics referred to above.
- [F2]Unvested and not forfeited shares terminate upon an acquisition or sale of the issuer and Mr. Mann shall be paid a cash equal sum to two times the difference between the price per share of the issuer's common stock paid by the acquirer and $9.11 per share.
- [F3]Options to purchase 25,000 shares vest on 07/01/2011, the remaining options vest ratably on 07/01/2012, 07/01/2013 and 07/01/2014. 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 0001411872
Filing Metadata
- Form type
- 4
- Filed
- Jul 5, 8:00 PM ET
- Accepted
- Jul 6, 9:23 AM ET
- Size
- 8.4 KB