EPIQ SYSTEMS INC 4
4 · EPIQ SYSTEMS INC · Filed Aug 21, 2014
Insider Transaction Report
Form 4
EPIQ SYSTEMS INCEPIQ
OLOFSON TOM W
DirectorChairman & CEO10% Owner
Transactions
- Tax Payment
Common Stock
2014-08-19$14.96/sh−16,248$243,070→ 3,695,072 total - Exercise/Conversion
Common Stock
2014-08-19$8.13/sh+75,000$609,750→ 3,752,079 total - Tax Payment
Common Stock
2014-08-19$14.96/sh−40,759$609,755→ 3,711,320 total - Exercise/Conversion
NonQualified Stock Options (right to buy)
2014-08-19−75,000→ 0 totalExercise: $8.13From: 2005-05-14Exp: 2015-02-14→ Common Stock (75,000 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 August 19, 2014.
- [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 August 19, 2014.
- [F3]Common Stock of 3,695,072 shown in Table I above excludes options of 587,500. Total amount of common stock and options is 4,282,572.