Drummey William J 4
4 · OMTOOL LTD · Filed Jan 3, 2007
Insider Transaction Report
Form 4
OMTOOL LTDOMTL
Drummey William J
Director
Transactions
- Award
Common Stock, $0.01 par value
2006-12-29+0→ 12,333 total - Award
Non-Qualified Stock Option
2006-12-29+19,879→ 19,879 totalExercise: $2.20From: 2006-12-29Exp: 2015-03-15→ Common Stock (19,879 underlying)
Footnotes (4)
- [F1]Mr. Drummey did not acquire or dispose of any non-derivative securities. This section is not applicable.
- [F2]Grant of restricted stock under issuer's 1997 Stock Plan, as amended, with restrictions lapsing upon the passage of time.
- [F3]All share information reflects the two-for-one stock split in the form of a stock dividend, paid on April 27, 2004.
- [F4]Received in exchange for 125,000 options to purchase common stock of Blue Chip Technologies Ltd. ("Blue Chip") in connection with the merger of Blue Chip into a wholly-owned subsidiary of the issuer (the "Merger"). The closing price of Blue Chip's common stock was $0.6344 per share, and the closing price of the issuer's comon stock was $3.99 per share.