High Pamela J. 4
4 · ADAMS GOLF INC · Filed May 20, 2009
Insider Transaction Report
Form 4
ADAMS GOLF INCADGF
High Pamela J.
Interim CFO
Transactions
- Exercise/Conversion
Employee Stock Option (right to buy)
2009-05-18−5,000→ 0 totalExercise: $0.04Exp: 2014-11-08→ Common Stock (5,000 underlying) - Exercise/Conversion
Common Stock
2009-05-18$0.04/sh+5,000$200→ 8,378 total - Sale
Common Stock
2009-05-18$2.98/sh−1,700$5,074→ 6,678 total
Footnotes (3)
- [F1]The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Act or otherwise, the beneficial owner of any securities covered by this statement. The reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities.
- [F2]Represents shares sold to satisfy tax withholding incident to the exercise of an employee stock option.
- [F3]The option was issued on November 8, 2004 and vested and became exercisable in four equal annual installments beginning on November 8, 2005. Prior to the transaction, 5,000 shares were exercisable under the option.