COVER ALL TECHNOLOGIES INC 4
4 · COVER ALL TECHNOLOGIES INC · Filed Feb 28, 2014
Insider Transaction Report
Form 4
Shah Manish D
DirectorPresident & CTO
Transactions
- Tax Payment
Common Stock, $.01 par value
2014-02-27$1.50/sh−200,000$300,000→ 129,980 total - Exercise/Conversion
Common Stock, $.01 par value
2014-02-27$1.00/sh+300,000$300,000→ 429,980 total - Exercise/Conversion
Employee Stock Option (right to buy)
2014-02-27−300,000→ 0 totalExercise: $1.00Exp: 2014-03-01→ Common Stock, $.01 par value (300,000 underlying)
Footnotes (2)
- [F1]Such shares were withheld by the company at the price of $1.50 per share, which was the closing per share market price of the company's common stock on the date immediately preceding the date of exercise, to fund the exercise of 300,000 options owned by Mr. Shah reflected in this report.
- [F2]The option became fully vested as of March 1, 2013.