Home/Filings/4/0001209191-07-053578
4//SEC Filing

Davis Stewart B 4

Accession 0001209191-07-053578

CIK 0000876378other

Filed

Sep 13, 8:00 PM ET

Accepted

Sep 14, 7:34 PM ET

Size

6.3 KB

Accession

0001209191-07-053578

Insider Transaction Report

Form 4
Period: 2007-09-11
Transactions
  • Award

    Stock Options

    2007-09-11+88,66788,667 total
    Exercise: $2.60From: 2007-09-11Common Stock (88,667 underlying)
Footnotes (3)
  • [F1]25% of such options were immediately exercisable with another 25% becoming exercisable on September 11th of each of 2008, 2009 and 2010; provided, however, that all options shall become immediately exercisable in the event of a change of control of the Issuer.
  • [F2]Such options are not subject to a date of termination.
  • [F3]Granted to the Reporting Person pursuant to that certain employment letter agreement, dated May 16, 2007, by and between the Reporting Person and SafeStitch LLC, which has since been acquired by the Issuer, and in consideration of the Reporting Person's continued service as the Issuer's Chief Operating Officer and Secretary.

Issuer

CELLULAR TECHNICAL SERVICES CO INC

CIK 0000876378

Entity typeother

Related Parties

1
  • filerCIK 0001410619

Filing Metadata

Form type
4
Filed
Sep 13, 8:00 PM ET
Accepted
Sep 14, 7:34 PM ET
Size
6.3 KB