APPLIED DIGITAL SOLUTIONS INC 4
4 · APPLIED DIGITAL SOLUTIONS INC · Filed Jan 2, 2008
Insider Transaction Report
Form 4
BREECE LORRAINE M
SVP, CFO
Transactions
- Award
Stock Option (Right to Buy)
2007-12-28+14,000→ 14,000 totalExercise: $3.11From: 2007-12-28Exp: 2015-05-02→ Common Stock (14,000 underlying) - Award
Stock Option (Right to Buy)
2007-12-28+140,000→ 140,000 totalExercise: $1.11From: 2007-12-28Exp: 2017-08-15→ Common Stock (140,000 underlying) - Award
Stock Option (Right to Buy)
2007-12-28+9,025→ 9,025 totalExercise: $0.48From: 2007-12-28Exp: 2012-01-01→ Common Stock (9,025 underlying)
Footnotes (3)
- [F1]This option was originally issued by Digital Angel Corporation ("Digital Angel") to purchase 6,446 shares of Digital Angel common stock at $0.67 per share and was cancelled and converted into an option to purchase 1.4 shares of issuer common stock for every share of Digital Angel common stock, or 9,025 shares, at $0.67 per share divided by 1.4, or $0.48, pursuant to the Agreement and Plan of Reorganization, dated August 8, 2007, as amended (the "Agreement"), among the issuer, Digital Angel and Digital Angel Acquisition Corp.
- [F2]This option was originally issued by Digital Angel to purchase 10,000 shares of Digital Angel common stock at $4.35 per share and was cancelled and converted into an option to purchase 1.4 shares of issuer common stock for every share of Digital Angel common stock, or 14,000 shares, at $4.35 per share divided by 1.4, or $3.11, pursuant to the Agreement.
- [F3]This option was originally issued by Digital Angel to purchase 100,000 shares of Digital Angel common stock at $1.55 per share and was cancelled and converted into an option to purchase 1.4 shares of issuer common stock for every share of Digital Angel common stock, or 140,000 shares, at $1.55 per share divided by 1.4, or $1.11, pursuant to the Agreement.