FANNING STEPHEN J 4
4 · SOLTA MEDICAL INC · Filed Feb 13, 2012
Insider Transaction Report
Form 4
FANNING STEPHEN J
DirectorPresident & CEO
Transactions
- Tax Payment
Common Stock
2012-02-10$2.99/sh−26,656$79,701→ 447,364 total - Exercise/Conversion
Common Stock
2012-02-09+73,392→ 520,756 total - Tax Payment
Common stock
2012-02-09$2.99/sh−26,921$80,494→ 493,835 total - Exercise/Conversion
Performance Restricted Stock Units
2012-02-09−73,392→ 352,358 totalExp: 2021-02-09→ Common Stock (73,392 underlying)
Footnotes (3)
- [F1]All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSU's. The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes.
- [F2]Each performance right represented a contingent right to receive a share of issuer common stock based on the issuer's stock price performance.
- [F3]All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of Performance RSU's. The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes.