CLINTON THOMAS P 4
4 · Computer Software Innovations, Inc. · Filed Nov 8, 2012
Insider Transaction Report
Form 4
CLINTON THOMAS P
DirectorSVP of Strategic Relationships
Transactions
- Disposition from Tender
Common Stock
2012-11-07$1.10/sh−505,381$555,919→ 0 total - Disposition to Issuer
Employee Stock Option (Right to Buy)
2012-11-08$0.40/sh−25,000$10,000→ 0 totalExercise: $0.70Exp: 2021-06-06→ Common Stock (25,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2012-11-08$0.36/sh−100,000$36,500→ 0 totalExercise: $0.73Exp: 2022-06-01→ Common Stock (100,000 underlying)
Footnotes (1)
- [F1]This option was cancelled pursuant to the Stock Option Cancellation Agreement between the Company and Mr. Clinton as required by the Agreement and Plan of Merger, in exchange for a cash payment equal to the number of shares underlying such option multiplied by the difference between the exercise price of the option and the per share price of $1.10.