Gharapetian Allen 4
4 · SRS LABS INC · Filed Jul 24, 2012
Insider Transaction Report
Form 4
SRS LABS INCSRSL
Gharapetian Allen
VP Marketing
Transactions
- Disposition to Issuer
Employee Stock Option
2012-07-20−32,000→ 0 totalExercise: $7.33From: 2012-07-20Exp: 2019-12-30→ Common Stock (32,000 underlying) - Disposition to Issuer
Employee Stock Option
2012-07-20−20,000→ 0 totalExercise: $8.47From: 2012-07-20Exp: 2021-05-12→ Common Stock (20,000 underlying) - Disposition to Issuer
Employee Stock Option
2012-07-20−100,000→ 0 totalExercise: $4.72From: 2012-02-19Exp: 2018-02-19→ Common Stock (100,000 underlying) - Disposition to Issuer
Employee Stock Option
2012-07-20−30,000→ 0 totalExercise: $4.81From: 2012-07-20Exp: 2019-01-02→ Common Stock (30,000 underlying) - Disposition to Issuer
Employee Stock Option
2012-07-20−29,000→ 0 totalExercise: $5.82From: 2012-07-20Exp: 2021-12-26→ Common Stock (29,000 underlying) - Disposition to Issuer
Employee Stock Option
2012-07-20−25,000→ 0 totalExercise: $5.07From: 2012-07-20Exp: 2019-02-23→ Common Stock (25,000 underlying) - Disposition to Issuer
Employee Stock Option
2012-07-20−32,000→ 0 totalExercise: $8.81From: 2012-07-20Exp: 2020-12-30→ Common Stock (32,000 underlying)
Footnotes (1)
- [F1]Pursuant to the Merger Agreement, each outstanding stock option to purchase shares of SRS common stock automatically became fully vested and exercisable immediately prior to the effective time of the Merger and, as of the effective time of the Merger, was cancelled in exchange for the right to receive a cash payment, without interest and less any applicable withholding taxes, equal to the product of the excess, if any, of (i) $9.50 over the exercise price of each such option and (ii) the number of shares of SRS common stock underlying such option