Wittmer Alan 4
4 · MEDIWARE INFORMATION SYSTEMS INC · Filed Nov 13, 2012
Insider Transaction Report
Form 4
Wittmer Alan
SVP - Corporate Development
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2012-11-09$16.54/sh−24,571$406,404→ 0 totalExercise: $5.46From: 2010-09-03Exp: 2014-09-03→ Common Stock (24,571 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2012-11-09$16.54/sh−30,000$496,200→ 0 totalExercise: $5.46From: 2010-09-03Exp: 2014-09-03→ Common Stock (30,000 underlying)
Footnotes (2)
- [F1]These options were to vest annually ratably beginning 9/03/2010. Each option was canceled pursuant to the merger agreement between issuer and Project Ruby Parent Corp. and Project Ruby Merger Corp. in exchange for a cash payment representing the amount by which $22.00 exceeds the exercise price of the option multiplied by the number of shares for which the option is exercisable.
- [F2]Options representing the right to purchase 7,934 shares had already vested prior to the consummation of the merger of issuer and Project Ruby Merger Corp. pursuant to the merger agreement and options representing the right to purchase 8,333 shares and 8,334 shares, respectively, were to vest 9/03/2011 and 9/03/2012, respectively, if the reporting person achieved performance objectives as established by the Chief Executive Officer and Board of Directors of the issuer for each of the respective fiscal years applicable to such installments. Each option was canceled pursuant to the merger agreement in exchange for a cash payment representing the amount by which $22.00 exceeds the exercise price of the option multiplied by the number of shares for which the option is exercisable.