EPIQ SYSTEMS INC 4
4 · EPIQ SYSTEMS INC · Filed Nov 13, 2013
Insider Transaction Report
Form 4
EPIQ SYSTEMS INCEPIQ
OLOFSON CHRISTOPHER E
DirectorPresident & COO
Transactions
- Exercise/Conversion
Common Stock
2013-11-11$12.65/sh+37,500$474,375→ 884,045 total - Tax Payment
Common Stock
2013-11-11$15.69/sh−32,256$506,097→ 755,490 total - Exercise/Conversion
NonQualified Stock Options (right to buy)
2013-11-11−37,500→ 0 totalExercise: $12.65From: 2005-12-21Exp: 2015-12-21→ Common Stock (37,500 underlying) - Exercise/Conversion
Common Stock
2013-11-11$8.13/sh+127,500$1,036,575→ 846,545 total - Tax Payment
Common Stock
2013-11-11$15.69/sh−96,299$1,510,931→ 787,746 total - Exercise/Conversion
NonQualified Stock Options (right to buy)
2013-11-11−127,500→ 0 totalExercise: $8.13From: 2005-05-14Exp: 2015-02-14→ Common Stock (127,500 underlying)
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 November 11, 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 options exercised on November 11, 2013.
- [F3]Common Stock of 755,490 shown in Table I above excludes options of 677,500. Total amount of common stock and options is 1,432,990.