AHRENS RONALD A 4
4 · CARDIONET INC · Filed May 29, 2009
Insider Transaction Report
Form 4
CARDIONET INCBEAT
AHRENS RONALD A
Director
Transactions
- Award
Common Stock
2009-05-08+4,527→ 13,308 total - Award
Stock Option (right to buy)
2009-05-08$5.89/sh+11,036$65,002→ 11,036 totalExercise: $17.67Exp: 2019-05-08→ Common Stock (11,036 underlying)
Footnotes (2)
- [F1]Twenty-five percent (25%) of the shares subject to the option shall vest in four equal quarterly installments commencing on June 30, 2009.
- [F2]The reporting person received an option pursuant to the CardioNet, Inc. 2008 Equity Incentive Plan (the "Plan") with respect to: 8,489 shares of common stock in lieu of payment of an annual retainer fee of $50,000 for serving as a member of the Board of Directors; 1,698 shares of common stock in lieu of payment of an annual retainer fee of $10,000 for serving as the Chairperson of the Compensation Committee of the Board of Directors; and 849 shares of common stock in lieu of payment of an annual retainer fee of $5,000 for serving as a member of the Nominating and Corporate Governance Committee of the Board of Directors. As provided in the Plan, each option covers a number of shares of the common stock equal to 300% of the amount of the retainer divided by the closing price of the common stock on May 8, 2009 (the grant date), at an exercise price per share equal to the closing price of the Company's common stock on the grant date.