DEUTSCH MARK 4
4 · IVAX DIAGNOSTICS INC · Filed Jul 22, 2005
Insider Transaction Report
Form 4
DEUTSCH MARK
CFO and VP - Finance
Transactions
- Exercise/Conversion
Common Stock, par value $0.01
2005-07-22$0.73/sh+18,000$13,140→ 18,000 total - Exercise/Conversion
Stock Option (Right to Buy)
2005-07-22−18,000→ 0 totalExercise: $0.73Exp: 2006-06-28→ Common Stock, par value $0.01 (18,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2005-07-22$3.52/sh−18,000$63,360→ 18,000 totalExercise: $0.73Exp: 2006-06-28→ Common Stock, par value $0.01 (18,000 underlying)
Footnotes (2)
- [F1]The options became exercisable 50% on June 29, 2001 and 25% on each of June 29, 2002 and 2003.
- [F2]Options for 18,000 shares of common stock were cancelled by mutual agreement of the reporting person and IVAX Diagnostics, Inc. The reporting person received $63,360 as consideration for the cancellation.