DOHERTY RAYMOND R 4

4 · HPSC INC · Filed Jan 6, 2004

Form 4

Period: 2004-01-05

DirectorPresident

Transactions

Exercise/Conversion
Common Stock
2004-01-05$5.13/sh+1,300$6,663→ 185,241 total
Exercise/Conversion
Employee Option (right to buy)
2004-01-05−4,933→ 15,067 total
Exercise: $9.54From: 2003-12-07Exp: 2009-12-07→ common stock (4,933 underlying)
Exercise/Conversion
Common Stock
2004-01-05$5.37/sh+81,200$436,044→ 266,441 total
Exercise/Conversion
Common Stock
2004-01-05+0→ 12,713 total(indirect: See footnote)
Exercise/Conversion
Employee Option (right to buy)
2004-01-05−8,245→ 46,755 total
Exercise: $7.50From: 2000-04-20Exp: 2010-04-20→ common stock (8,245 underlying)
Tax Payment
Common Stock
2004-01-05$14.46/sh−38,147$551,606→ 241,472 total
Exercise/Conversion
Employee Option (right to buy)
2004-01-05−1,300→ 0 total
Exercise: $5.13From: 2000-04-23Exp: 2008-04-23→ common stock (1,300 underlying)
Exercise/Conversion
Common Stock
2004-01-05$7.50/sh+8,245$61,838→ 279,619 total
Exercise/Conversion
Employee Option (right to buy)
2004-01-05−81,200→ 0 total
Exercise: $5.37From: 2002-04-23Exp: 2008-04-23→ common stock (81,200 underlying)
Exercise/Conversion
Common Stock
2004-01-05$9.54/sh+4,933$47,061→ 271,374 total

Footnotes (3)

[F1]Shares have been allocated to Mr. Doherty's account under the HPSC, Inc. Employee Stock Ownership Plan.
[F2]Vests in five equal annual installments of 11,000 shares on April 20, 2000, April 20, 2001, April 20, 2002, April 20, 2003 and April 20, 2004.
[F3]Not applicable.

Documents

1 file