Munoz Juan Alejandro 4
4 · TRANSCEND SERVICES INC · Filed Jun 10, 2005
Insider Transaction Report
Form 4
Munoz Juan Alejandro
Executive VP of Operations
Transactions
- Award
Common Stock, par value $0.05
2005-06-09$2.95/sh+100,000$295,000→ 100,000 total
Holdings
- 1,000(indirect: By Spouse)
Common Stock, par value $0.05
Footnotes (2)
- [F1]Represents a grant of 100,000 shares of restricted Common Stock, par value $0.05, of Transcend Services, Inc. granted to Mr. Munoz under the Company's 2005 Stock Incentive Plan. Said 100,000 shares shall vest as follows: 33,333 shares on June 7, 2006; 33,333 shares on June 7, 2007; and 33,334 shares on June 7, 2008, provided that Mr. Munoz continues to be an employee of the Company on the designated vesting dates indicated herein.
- [F2]Represents the value of future services to be rendered as measured by the closing stock price of the Company's stock on June 9, 2005 on the NASDAQ SmallCap Market.