MCFARLIN WHITNEY A 4
4 · POSSIS MEDICAL INC · Filed Jan 17, 2006
Insider Transaction Report
Form 4
MCFARLIN WHITNEY A
Director
Transactions
- Award
common stock
2006-01-03+599→ 3,061 total - Award
stock option - right to buy
2006-01-03$10.02/sh+4,000$40,080→ 4,000 totalExercise: $10.02From: 2007-01-03Exp: 2016-01-03→ common stock (4,000 underlying) - Award
stock option - right to buy
2006-01-03$5.01/sh+3,942$19,749→ 3,942 totalExercise: $5.01From: 2006-07-03Exp: 2016-01-03→ common stock (3,942 underlying)
Footnotes (2)
- [F1]Of the total option grant, 50% of the grant vests on 7/3/2006 and 50% vests on 1/3/2007
- [F2]This option grant provides for accelerated vesting in the event that specified price targets are met and maintained for five consecutive business days. The accelerated vesting schedule provides that 33% of the total grant shall vest in the event the stock price appreciates 20% to $12.01; an additional 33% of the total grant shall vest in the event the stock price appreciates 40% to $14.03; and the final 33% of the total grant shall vest in the event the stock price appreciates 60% to $16.03.