Glazer John M 4
4 · PHOTOMEDEX INC · Filed Mar 3, 2009
Insider Transaction Report
Form 4
PHOTOMEDEX INCPHMD
Glazer John M
Director
Transactions
- Award
Non-Qualified Stock Options
2009-02-27+5,000→ 5,000 totalExercise: $2.10Exp: 2019-02-27→ Common Stock, par value $0.01 per share (5,000 underlying)
Footnotes (2)
- [F1]Options granted under the 2000 Non-Employee Director Stock Option Plan, of which 1,250 options become exercisable on each of 3/31/09; 6/30/09; 9/30/09; and 12/31/09.
- [F2]Pursuant to the Securities Purchase Agreement dated as of August 4, 2008 (as amended by Amendment No. 1 thereto, dated as of February 27, 2009, the "Purchase Agreement") by and between the issuer and Perseus Partners VII, L.P. ("Perseus VII"), upon the closing of the transactions contemplated by the Purchase Agreement Perseus VII had the right to designate John M. Glazer for appointment to the Board of Directors of the issuer. Mr. Glazer will hold any options, shares of stock or other securities issued to him as a nominee of Perseus, L.L.C. and disclaims beneficial ownership thereof, except to the extent he has any pecuniary interest therein.