Watkins Robert 4
4 · MEDIWARE INFORMATION SYSTEMS INC · Filed Nov 13, 2012
Insider Transaction Report
Form 4
Watkins Robert
Controller
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2012-11-09$8.72/sh−30,000$261,600→ 0 totalExercise: $13.28From: 2013-02-02Exp: 2017-02-02→ Common Stock (30,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2012-11-09$18.11/sh−10,000$181,100→ 0 totalExercise: $3.89From: 2009-10-30Exp: 2013-10-30→ Common Stock (10,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2012-11-09$8.72/sh−24,604$214,547→ 0 totalExercise: $13.28From: 2012-09-28Exp: 2017-02-02→ Common Stock (24,604 underlying)
Footnotes (3)
- [F1]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]These options were to vest annually ratably beginning 2/02/2013. 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.
- [F3]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 upon the filing of the issuer's 2013 and 2014 Form 10-K, respectively, if the issuer's Compensation Committee determined that the performance goals setting out the vesting requirements for each respective tranche were achieved. 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.