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4//SEC Filing

HEDRICK NANCY K 4

Accession 0001181431-12-057717

CIK 0001109879other

Filed

Nov 7, 7:00 PM ET

Accepted

Nov 8, 5:30 PM ET

Size

7.0 KB

Accession

0001181431-12-057717

Insider Transaction Report

Form 4
Period: 2012-11-07
HEDRICK NANCY K
DirectorPresident and CEO
Transactions
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2012-11-08$0.40/sh50,000$20,0000 total
    Exercise: $0.70Exp: 2019-04-17Common Stock (50,000 underlying)
  • Disposition from Tender

    Common Stock

    2012-11-07$1.10/sh546,625$601,2880 total
Footnotes (1)
  • [F1]This option was cancelled pursuant to the Stock Option Cancellation Agreement between the Company and Ms. Hedrick 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.

Issuer

Computer Software Innovations, Inc.

CIK 0001109879

Entity typeother

Related Parties

1
  • filerCIK 0001350486

Filing Metadata

Form type
4
Filed
Nov 7, 7:00 PM ET
Accepted
Nov 8, 5:30 PM ET
Size
7.0 KB