EDELHERTZ PAUL 4
4 · ZAMBA CORP · Filed Jan 5, 2005
Insider Transaction Report
Form 4
ZAMBA CORPZMBA
EDELHERTZ PAUL
Director
Transactions
- Disposition to Issuer
Option to purchase common stock
2004-12-31−216,668→ 0 totalExercise: $0.18From: 2002-01-02Exp: 2012-01-02→ Common stock (216,668 underlying) - Disposition from Tender
Common stock
2004-12-31−4,200→ 0 total - Disposition to Issuer
Option to purchase common stock
2004-12-31−62,500→ 0 totalExercise: $0.18From: 2003-12-15Exp: 2013-12-15→ Common stock (62,500 underlying) - Disposition to Issuer
Option to purchase common stock
2004-12-31−7,500→ 0 totalExercise: $0.18From: 2003-12-15Exp: 2013-12-15→ Common stock (7,500 underlying)
Footnotes (2)
- [F1]Disposed of pursuant to the merger agreement between issuer and Technology Solutions Company ("TSC") in exchange for 630 shares of TSC common stock having a market value of $1.11 per share on the effective date of the merger.
- [F2]This option, which is fully exercisable, was assumed by TSC in the merger and replaced with an option to purchase a number of shares of TSC common stock equal to the number of Zamba shares disclosed above multiplied by 0.15 at a price per share equal to the exercise price shown above divided by 0.15.