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4//SEC Filing

WOODARD GERALD G 4

Accession 0001181431-12-040740

CIK 0001014041other

Filed

Jul 15, 8:00 PM ET

Accepted

Jul 16, 5:28 PM ET

Size

9.3 KB

Accession

0001181431-12-040740

Insider Transaction Report

Form 4
Period: 2012-07-13
WOODARD GERALD G
DirectorChief Executive Officer
Transactions
  • Disposition to Issuer

    Stock Option (Right to buy)

    2012-07-16$2.77/sh50,000$138,5000 total
    Exercise: $0.93Exp: 2019-03-07Common Stock (50,000 underlying)
  • Disposition from Tender

    Common Stock

    2012-07-13$3.70/sh25,000$92,5000 total
  • Disposition to Issuer

    Stock Option (Right to buy)

    2012-07-16$0.91/sh75,000$68,2500 total
    Exercise: $2.79Exp: 2020-03-17Common Stock (75,000 underlying)
Footnotes (2)
  • [F1]This option, which provided for vesting evenly over a five year period from March 6, 2009, was cancelled in exchange for a cash payment of $138,500 (less any applicable withholdings), which represents the product of the number of shares covered by this option multiplied by the amount per share by which the per share amount of $3.70 exceeds the exercise price per share under this option.
  • [F2]This option, which provided for vesting evenly over a five year period from March 16,2010, was cancelled in exchange for a cash payment of $68,250 (less any applicable withholdings), which represents the product of the number of shares covered by this option multiplied by the amount per share by which the per share amount of $3.70 exceeds the exercise price per share under this option.

Issuer

SRI SURGICAL EXPRESS INC

CIK 0001014041

Entity typeother

Related Parties

1
  • filerCIK 0001238003

Filing Metadata

Form type
4
Filed
Jul 15, 8:00 PM ET
Accepted
Jul 16, 5:28 PM ET
Size
9.3 KB