JOE CHRISTOPHER R 4
4 · ADAM INC · Filed Feb 8, 2011
Insider Transaction Report
Form 4
ADAM INCADAM
JOE CHRISTOPHER R
Chief Financial Officer
Transactions
- Disposition to Issuer
Stock Options
2011-02-07$2.08/sh−10,000$20,800→ 0 totalExercise: $3.87Exp: 2020-03-22→ Common Stock (10,000 underlying)
Footnotes (1)
- [F1]This option, which provided for vesting in three equal annual installments beginning March 22, 2010, was canceled in the merger between the issuer and Ebix, Inc. in exchange for a cash payment of $20,800, representing the difference between the exercise price of the option and $5.95 per share.