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ROTECH HEALTHCARE INC 4

Accession 0001181431-10-000563

CIK 0001175108operating

Filed

Jan 3, 7:00 PM ET

Accepted

Jan 4, 5:58 PM ET

Size

9.0 KB

Accession

0001181431-10-000563

Insider Transaction Report

Form 4
Period: 2009-12-31
Alsene Steven P
Chief Financial Officer
Transactions
  • Award

    Common Stock Options (right to buy)

    2009-12-31+3,333303,333 total
    Exercise: $0.41Exp: 2014-10-18Common Stock (3,333 underlying)
  • Disposition to Issuer

    Common Stock Options (right to buy)

    2009-12-3110,000300,000 total
    Exercise: $23.95Exp: 2014-10-18Common Stock (10,000 underlying)
Footnotes (3)
  • [F1]The 3,333 shares underlying the employee common stock option (right to buy) granted on December 31, 2009 (the "Replacement Grant") were granted in exchange for the tender by the Reporting Person of an option to purchase 10,000 shares granted to the Reporting Person on October 18, 2004 (the "Original Grant"). The Reporting Person tendered the Original Grant pursuant to the terms of the Tender Offer Statement on Schedule TO filed by the Company with the Securities and Exchange Commission on December 2, 2009, as amended, relating to an offer by the Company to certain directors and employees to exchange certain outstanding options to purchase shares of common stock of the Company. Upon grant of the Replacement Grant to the Reporting Person, the Original Grant was canceled in its entirety.
  • [F2]The Original Grant vested over a period of four (4) years in sixteen (16) equal installments.
  • [F3]The Replacement Grant will vest in sixteen (16) equal quarterly installments, with the first such installment vesting 90 days after the replacement grant date, subject to the optionee's continued service with us on each such date. If the replacement stock options would expire prior to becoming fully vested under the above schedule, vesting will be accelerated, such that 100% of the replacement stock options will fully vest as of 180 days prior to the expiration of the replacement stock options, subject to the optionee's continued service with us through such date.

Issuer

ROTECH HEALTHCARE INC

CIK 0001175108

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001175108

Filing Metadata

Form type
4
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 5:58 PM ET
Size
9.0 KB