OPTIUM CORP 4
4 · OPTIUM CORP · Filed Jan 3, 2008
Insider Transaction Report
Form 4
OPTIUM CORPOPTM
David Renner
Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2008-01-01$7.88/sh−1,229$9,685→ 23,042 total - Exercise/Conversion
Restricted Stock Units
2008-01-01+3,438→ 24,062 totalExercise: $0.00→ Common stock (3,438 underlying) - Exercise/Conversion
Common Stock
2008-01-01+3,438→ 24,271 total
Footnotes (4)
- [F1]Each unit converted upon vesting into one share of common stock.
- [F2]These shares were retained by the Company in order to meet the tax withholding obligations of the award-holder in connection with the vesting of an installment of the restricted stock award.
- [F3]These restricted stock units were granted to the reporting person under the Issuer's 2006 Stock Option and Incentive Plan. These shares represent the shares which vested.
- [F4]If the reporting person's employment with the Issuer or its subsidiaries is voluntarily or involuntarily terminated for any reason (including death) prior to vesting of the restricted stock units granted herein, all unvested restricted stock units shall immediately and automatically be forfeited and returned to the Company. The units automatically vest as long as employment continues, and there is no expiration date.