SCHULTE JOHN G 4
4 · SPECTRANETICS CORP · Filed Jun 5, 2006
Insider Transaction Report
Form 4
SCHULTE JOHN G
DirectorCEO
Transactions
- Exercise/Conversion
SPNC Common Stock
2006-06-01$4.94/sh+75,000$370,313→ 113,532 total - Exercise/Conversion
SPNC Stock Options NQ - Right to Buy
2006-06-01−75,000→ 0 totalExercise: $4.94From: 1999-07-19Exp: 2006-07-19→ SPNC Common Stock (75,000 underlying) - Sale
SPNC Common Stock
2006-06-01$13.00/sh−47,300$614,900→ 66,232 total
Footnotes (3)
- [F1]SPNC Common Stock sold only to the extent to cover the exercise price of SPNC Stock Options plus related taxes.
- [F2]Mr. Schulte now owns 66,232 SPNC Common Stock shares directly compared to with 38,532 owned prior to this transaction. This transaction represents a cashless exercise of SPNC Common Stock to cover the exercise price and related taxes. The options exercised were due to expire on July 19, 2006.
- [F3]Price of derivitive security is reported in Column 2.