HART JOHN P 4
4 · NOVAMED INC · Filed May 6, 2011
Insider Transaction Report
Form 4
NOVAMED INCNOVA
HART JOHN P
VP, Corporate Controller
Transactions
- Other
Common Stock
2011-05-04−5,306→ 6,957 total - Disposition to Issuer
Common Stock
2011-05-04$13.25/sh−6,957$92,180→ 0 total
Holdings
- 0
Stock Option (right to buy)
Exercise: $8.25Exp: 2019-02-18→ Common Stock (9,091 underlying) - 8,334
Stock Option (right to buy)
Exercise: $6.12Exp: 2013-09-29→ Common Stock (20,000 underlying)
Footnotes (5)
- [F1]As of 9/29/2007, these options have all fully vested. This option was canceled in the merger in exchange for a cash payment of $59,446.42, representing the difference between the exercise price of the option and $13.25 per share.
- [F2]Subject to certain restrictions, 1,136 of these options vested on 8/18/09 with the remainder vesting approximately 189 per month starting on 9/18/09. This option was canceled in the merger in exchange for a cash payment of $45,455.00, representing the difference between the exercise price of the option and $13.25 per share.
- [F3]This share total and the other share figures reported on this Form 4 have been adjusted to reflect the Issuer's one-for-three reverse stock split which was effective on June 1, 2010.
- [F4]Disposed of pursuant to merger agreement between Issuer and Surgery Center Holdings, Inc. for $13.25 per share in cash on the effective date of the merger.
- [F5]Surrendered these shares to Surgery Center Holdings, LLC ("Holdings") immediately prior to the merger in exchange for equity interests in Holdings.