4//SEC Filing
MEDICAL ACTION INDUSTRIES INC 4
Accession 0001171843-14-004607
CIK 0000748270operating
Filed
Oct 2, 8:00 PM ET
Accepted
Oct 3, 11:10 AM ET
Size
21.5 KB
Accession
0001171843-14-004607
Insider Transaction Report
Form 4
Newsome Kenneth
Director
Transactions
- Disposition to Issuer
Non-Employee Director Stock Option Plan (Right to Buy)
2014-10-01−3,750→ 0 totalExercise: $14.76Exp: 2016-08-17→ Common Stock (3,750 underlying) - Disposition to Issuer
Non-Employee Director Stock Option Plan (Right to Buy)
2014-10-01$0.55/sh−2,500$1,375→ 0 totalExercise: $13.25Exp: 2018-08-14→ Common Stock (2,500 underlying) - Disposition to Issuer
Non-Employee Director Stock Option Plan (Right to Buy)
2014-10-01$4.81/sh−7,500$36,075→ 0 totalExercise: $8.99Exp: 2020-08-12→ Common Stock (7,500 underlying) - Disposition to Issuer
Non-Employee Director Stock Option Plan (Right to Buy)
2014-10-01$7.45/sh−7,500$55,875→ 0 totalExercise: $6.35Exp: 2023-08-08→ Common Stock (7,500 underlying) - Disposition to Issuer
Common Stock, $.001 par value
2014-10-01$13.80/sh−4,000$55,200→ 0 total - Disposition to Issuer
Non-Employee Director Stock Option Plan (Right to Buy)
2014-10-01$10.23/sh−15,000$153,450→ 0 totalExercise: $3.57Exp: 2022-08-09→ Common Stock (15,000 underlying) - Disposition to Issuer
Non-Employee Director Stock Option Plan (Right to Buy)
2014-10-01−2,500→ 0 totalExercise: $22.10Exp: 2017-08-16→ Common Stock (2,500 underlying) - Disposition to Issuer
Non-Employee Director Stock Option Plan (Right to Buy)
2014-10-01$1.21/sh−7,500$9,075→ 0 totalExercise: $12.59Exp: 2019-08-13→ Common Stock (7,500 underlying)
Footnotes (8)
- [F1]Disposed of pursuant to the merger agreement (the "Merger Agreement") between Issuer, Owens & Minor, Inc. and Mongoose Merger Sub Inc. in exchange for the merger consideration of $13.80 per share (the "Merger Consideration").
- [F2]The reporting person's 2,500 stock options, at the exercise price of $22.14, were granted on 08/17/06. As a result of a stock split, which was paid on 02/09/07, the number of options has been adjusted to 3,750 and the exercise price has decreased to $14.76.
- [F3]This option was cancelled without any consideration because the exercise price of the option exceeded the Merger Consideration.
- [F4]This option was cancelled pursuant to the Merger Agreement in exchange for a cash payment of $1,375, representing the difference between the exercise price of the option and the Merger Consideration.
- [F5]This option was cancelled pursuant to the Merger Agreement in exchange for a cash payment of $9,075, representing the difference between the exercise price of the option and the Merger Consideration.
- [F6]This option was cancelled pursuant to the Merger Agreement in exchange for a cash payment of $36,075, representing the difference between the exercise price of the option and the Merger Consideration.
- [F7]This option was cancelled pursuant to the Merger Agreement in exchange for a cash payment of $153,450, representing the difference between the exercise price of the option and the Merger Consideration.
- [F8]This option was cancelled pursuant to the Merger Agreement in exchange for a cash payment of $55,875, representing the difference between the exercise price of the option and the Merger Consideration.
Documents
Issuer
MEDICAL ACTION INDUSTRIES INC
CIK 0000748270
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000748270
Filing Metadata
- Form type
- 4
- Filed
- Oct 2, 8:00 PM ET
- Accepted
- Oct 3, 11:10 AM ET
- Size
- 21.5 KB