Simpson Michael J 4
4 · QUADRAMED CORP · Filed Dec 4, 2009
Insider Transaction Report
Form 4
QUADRAMED CORPQDHC
Simpson Michael J
SVP, Technology Solutions
Transactions
- Award
Common Stock
2009-12-03+90,000→ 90,000 totalExercise: $6.43Exp: 2019-12-03→ Common Stock (90,000 underlying)
Footnotes (2)
- [F1]The options vest in accordance with the terms of the Inducement Stock Option Agreement, effective December 3, 2009 by and between the Company and Mr. Simpson; 25% vest on the first anniversary of the grant, with the remaining 75% vesting pro rata over the next 36 months.
- [F2]Mr. Simpson was awarded the options as an inducement for his employment with the Company.