GUZIK WILLIAM M 4
4 · MIDAS INC · Filed May 1, 2012
Insider Transaction Report
Form 4
MIDAS INCMDS
GUZIK WILLIAM M
Exec. Vice President & CFO
Transactions
- Disposition to Issuer
Common Stock, $0.001 par value
2012-04-30$11.50/sh−76,826$883,499→ 0 total - Disposition to Issuer
Option to Purchase Common Stock
2012-04-30$3.98/sh−36,220$144,156→ 0 totalExercise: $7.52From: 2012-09-09Exp: 2020-09-09→ Common Stock (36,220 underlying) - Disposition to Issuer
Option to Purchase Common Stock
2012-04-30$1.63/sh−40,000$65,200→ 0 totalExercise: $9.87From: 2013-05-12Exp: 2019-05-12→ Common Stock (40,000 underlying) - Disposition to Issuer
Option to Purchase Common Stock
2012-04-30$4.45/sh−40,000$178,000→ 0 totalExercise: $7.05From: 2015-05-10Exp: 2021-05-10→ Common Stock (40,000 underlying) - Disposition to Issuer
Option to Purchase Common Stock
2012-04-30$3.41/sh−24,000$81,840→ 0 totalExercise: $8.09From: 2008-05-08Exp: 2013-05-08→ Common Stock (24,000 underlying)
Footnotes (4)
- [F1]This option, which provided for vesting in four equal annual installments beginning May 10, 2012, was cancelled in the merger in exchange for a cash payment of $178,000, representing the difference between the exercise price of the option and the market value of the underlying MDS common stock on the effective date of the merger ($11.50 per share).
- [F2]This option, which provided for vesting in two equal annual installments beginning September 9, 2011, was cancelled in the merger in exchange for a cash payment of $144,155.60, representing the difference between the exercise price of the option and the market value of the underlying MDS common stock on the effective date of the merger ($11.50 per share).
- [F3]This option, which provided for vesting in four equal annual installments beginning May 12, 2010, was cancelled in the merger in exchange for a cash payment of $65,200, representing the difference between the exercise price of the option and the market value of the underlying MDS common stock on the effective date of the merger ($11.50 per share).
- [F4]This option, which provided for vesting in five equal annual installments beginning May 8, 2004, was cancelled in the merger in exchange for a cash payment of $81,840, representing the difference between the exercise price of the option and the market value of the underlying MDS common stock on the effective date of the merger ($11.50 per share).