NOVAMED INC 4
4 · NOVAMED INC · Filed Dec 20, 2007
Insider Transaction Report
Form 4
NOVAMED INCNOVA
CLARK JACK M JR
Exec VP & Chief Revenue Ofcr
Transactions
- Disposition to Issuer
Common Stock
2007-12-17$4.45/sh−9,635$42,876→ 1,932 total
Holdings
- 0
Stock Options (right to buy)
Exercise: $7.10Exp: 2016-04-03→ Common Stock (100,000 underlying)
Footnotes (4)
- [F1]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. Reporting person's employment with issuer terminated 12/17/07; reporting person has until 3/16/08 to exercise his vested options.
- [F2]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. Reporting person's employment with issuer terminated 12/17/07; reporting person has until 3/16/08 to exercise his vested options.
- [F3]Subject to certain restrictions, 3,125 of these options vested on 8/21/07 with the remainder vesting approximately 521 per month starting 9/21/07. Reporting person's employment with issuer terminated 12/17/07; reporting person has until 3/16/08 to exercise his vested options.
- [F4]Forfeiture of 9,635 restricted shares of common stock in connection with the reporting person's termination of employment with the issuer on 12/17/07.