EPIQ SYSTEMS INC 4
4 · EPIQ SYSTEMS INC · Filed Sep 30, 2013
Insider Transaction Report
Form 4
EPIQ SYSTEMS INCEPIQ
OLOFSON CHRISTOPHER E
DirectorPresident & COO
Transactions
- Tax Payment
Common Stock
2013-09-26$13.52/sh−138,267$1,869,370→ 742,160 total - Tax Payment
Common Stock
2013-09-26$13.52/sh−23,115$312,515→ 719,045 total - Exercise/Conversion
NonQualified Stock Options (right to buy)
2013-09-26−187,500→ 0 totalExercise: $9.97From: 2004-11-18Exp: 2014-08-18→ Common Stock (187,500 underlying) - Exercise/Conversion
Common Stock
2013-09-26$9.97/sh+187,500$1,869,375→ 880,427 total
Footnotes (3)
- [F1]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 September 26, 2013.
- [F2]This component of the Cashless Net Share Settlement represents surrendered shares to fund payroll taxes due by the reporting person in connection with the option exercised on September 26, 2013.
- [F3]Common Stock of 719,045 shown in Table I above excludes options of 842,500. Total amount of common stock and options is 1,561,545.