NOVAMED INC 4
4 · NOVAMED INC · Filed Mar 22, 2007
Insider Transaction Report
Form 4
NOVAMED INCNOVA
CLARK JACK M JR
Exec VP & Chief Revenue Ofcr
Transactions
- Tax Payment
Common Stock
2007-03-20$6.29/sh−85$535→ 12,245 total
Holdings
- 0
Stock Options (right to buy)
Exercise: $7.10Exp: 2016-04-03→ Common Stock (100,000 underlying)
Footnotes (5)
- [F1]Includes 11,718 restricted shares of common stock.
- [F2]Subject to certain restrictions, 12,500 of these options vested on 10/3/06 with the remainder vesting approximately 2,083 per month starting on 11/3/06.
- [F3]Subject to certain restrictions, 1,563 of these options vested on 12/20/06 with the remainder vesting approximately 260 per month starting on 1/20/07.
- [F4]Represents the disposition of shares to the Issuer to fund the Reporting Person's tax withholding obligations relating to the vesting on 3/20/07 of 261 shares of a restricted stock award, as permitted pursuant to the terms of the award.
- [F5]Subject to certain restrictions, 3,125 of these options will vest on 8/21/07 with the remainder vesting approximately 521 per month starting 9/21/07.