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4//SEC Filing

MCGRATH KEVIN N 4

Accession 0001179110-04-001251

CIK 0000771252other

Filed

Jan 14, 7:00 PM ET

Accepted

Jan 15, 2:25 PM ET

Size

6.8 KB

Accession

0001179110-04-001251

Insider Transaction Report

Form 4
Period: 2003-12-18
MCGRATH KEVIN N
DirectorPresident and CEO
Transactions
  • Award

    Stock Option-Right to Buy

    2004-01-13$3.92/sh+1,000,000$3,920,0001,000,000 total
    Exercise: $3.92From: 2005-01-13Exp: 2014-01-12Shares of Common Stock (1,000,000 underlying)
  • Award

    Stock Option-Right to Buy

    2003-12-18$2.08/sh+250,000$520,000250,000 total
    Exercise: $2.08From: 2004-01-12Exp: 2003-12-17Shares of common stock (250,000 underlying)
Footnotes (2)
  • [F1]The option was granted by the Board of Directors on January 13, 2004. Up to 1/3 of the option shares may be purchased at anytime after the first anniversary of the grant date, up to 2/3 of the option shares (less any options shares previously purchased) may be purchased at any time after the second anniversary of the grant date and up to 100% of the option shares (less any option shares previously purchased) may be purchased at any time after the third anniversary of the grant date and prior to the termination of the option.
  • [F2]The option was granted by the Board of Directors on December 18, 2003. The option grant was originally reported on a Form 4 dated December 22, 2003. On January 12, 2004, the board revised the vesting terms to provide for 100,000 of the option shares to vest immediately and 150,000 of the option shares to vest on 12/17/2004.

Issuer

DIGITAL ANGEL CORP

CIK 0000771252

Entity typeother

Related Parties

1
  • filerCIK 0001274112

Filing Metadata

Form type
4
Filed
Jan 14, 7:00 PM ET
Accepted
Jan 15, 2:25 PM ET
Size
6.8 KB