EP MEDSYSTEMS INC 4
4 · EP MEDSYSTEMS INC · Filed Apr 23, 2007
Insider Transaction Report
Form 4
Caruso James Joseph
VP & Chief Financial Officer
Transactions
- Award
Options to Purchase Common stock
2007-04-17+100,000→ 100,000 totalExercise: $2.07Exp: 2017-04-17→ Common Stock (100,000 underlying) - Award
Options to Purchase Common stock
2007-04-17+50,000→ 50,000 totalExercise: $2.07Exp: 2017-04-17→ Common Stock (50,000 underlying)
Footnotes (2)
- [F1]Grant of options to purchase an aggregate of 100,000 shares of common stock under the Company's 2006 Stock Option Plan, of which (x) options to purchase 25,000 shares of common stock will vest sixty days after the hire date, and (y) options to purchase an additional 25,000 of common stock will vest on each of the first three anniversaries of the date of grant.
- [F2]Grant of options to purchase an aggregate of 50,000 shares of common stock under the Company's 2006 Stock Option Plan, which will vest upon completion of certain performance objectives as established and agreed upon with the President of the Company.