4//SEC Filing
BYRNES JAMES A 4
Accession 0001181431-12-063581
CIK 0001027207other
Filed
Dec 10, 7:00 PM ET
Accepted
Dec 11, 7:17 AM ET
Size
8.9 KB
Accession
0001181431-12-063581
Insider Transaction Report
Form 4
EPIQ SYSTEMS INCEPIQ
BYRNES JAMES A
Director
Transactions
- Tax Payment
Common Stock
2012-12-07$12.16/sh−10,482$127,461→ 1,518 total - Exercise/Conversion
Common Stock
2012-12-07$11.33/sh+11,250$127,463→ 12,000 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2012-12-07−11,250→ 0 totalExercise: $11.33From: 2004-01-21Exp: 2013-01-21→ Common Stock (11,250 underlying)
Footnotes (4)
- [F1]The stock option grant was set to expire on January 21, 2013. The stock option was exercised using a Cashless Net Share Settlement in accordance with the terms of the Issuer's 1995 Equity Incentive Plan. A Cashless Net Share Settlement results in the reporting person holding shares upon exercise of the stock option and obligates them to surrender a portion of the shares received upon exercise of the stock option in order to satisfy the aggregate exercise price obligation.
- [F2]This component of the Cashless Net Share Settlement reflects the shares that the reporting person was obligated to surrender to the Issuer to pay for the aggregate exercise price for the shares acquired on December 7, 2012.
- [F3]Common Stock of 1,518 shown in Table I above excludes options of 88,000. Total amount of common stock and options is 89,518.
- [F4]The options became exercisable in five equal annual installments, commencing one year after the date of grant.
Documents
Issuer
EPIQ SYSTEMS INC
CIK 0001027207
Entity typeother
Related Parties
1- filerCIK 0001217589
Filing Metadata
- Form type
- 4
- Filed
- Dec 10, 7:00 PM ET
- Accepted
- Dec 11, 7:17 AM ET
- Size
- 8.9 KB