Cook Jeffrey Alan 4
4 · PRESSTEK INC /DE/ · Filed Oct 4, 2010
Insider Transaction Report
Form 4
Cook Jeffrey Allan
Executive Vice President & CFO
Transactions
- Award
Stock Option (right to buy)
2010-09-30+250,000→ 250,000 totalExercise: $2.19Exp: 2017-02-27→ Common Stock (250,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2010-09-30−250,000→ 0 totalExercise: $6.01Exp: 2017-02-27→ Common Stock (250,000 underlying)
Footnotes (2)
- [F1]The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option.
- [F2]Of the option to purchase 250,000 shares of the issuer's common stock, the right to purchase 41,666 shares vested on February 27, 2007 (the date of signing of filer's employment agreement with the issuer). The right to purchase the remaining 208,334 shares shall vest equally over a period of five (5) years at the rate of 20% per year on each anniversary date of the commencement of employment (February 28, 2007).