KANIA ED 4/A
4/A · ASPECT MEDICAL SYSTEMS INC · Filed May 13, 2009
Insider Transaction Report
Form 4/AAmended
KANIA ED
Director
Transactions
- Award
Stock Option (Right to Buy)
2005-05-25$29.73/sh+7,500$222,975→ 7,500 totalExercise: $29.73Exp: 2015-05-25→ Common Stock (7,500 underlying)
Footnotes (2)
- [F1]Option vests over 3 years at a rate of 1/3 of the total number of shares granted on each of the first, second and third anniversaries of the grant date.
- [F2]This option was granted to Edwin M. Kania, a director of Aspect Medical Systems, Inc. who is a general partner of One Liberty Partners III, L.P. ("Partners"), the general partner of One Liberty Fund III, L.P. ("Liberty III"). Under Liberty III's partnership agreement, Mr. Kania is deemed to hold the shares underlying this option for the benefit of Partners and may exercise the option solely upon the direction of Partners. Based on agreement between Mr. Kania and Partners, Mr. Kania is entitled to 2/3 of the shares issued upon exercise, and Partners is entitled to the remaining 1/3 of the shares issued upon exercise. Partners may be deemed indirect beneficial owner of 1/3 of the shares underlying the option. Partners disclaims beneficial ownership of the option except to the extent of its pecuniary interest therein.