COBB JEFFREY S 4
4 · POSITIVEID Corp · Filed Nov 12, 2009
Insider Transaction Report
Form 4
POSITIVEID CorpPSID
COBB JEFFREY S
Director
Transactions
- Award
Stock Options (right to buy)
2009-11-10+25,000→ 25,000 totalExercise: $0.42From: 2009-11-10Exp: 2018-07-21→ Common Stock (25,000 underlying) - Award
Stock Options (right to buy)
2009-11-10+50,000→ 50,000 totalExercise: $0.42From: 2009-11-10Exp: 2018-07-25→ Common Stock (50,000 underlying) - Award
Stock Options (right to buy)
2009-11-10+75,000→ 75,000 totalExercise: $0.62From: 2009-11-10Exp: 2012-05-12→ Common Stock (75,000 underlying) - Award
Stock Options (right to buy)
2009-11-10+43,750→ 43,750 totalExercise: $0.82From: 2009-11-10Exp: 2013-09-26→ Common Stock (43,750 underlying)
Footnotes (4)
- [F1]This option was originally issued by Steel Vault Corporation ("Steel Vault") to purchase 150,000 shares of Steel Vault common stock at $0.31 per share and was converted into an option to purchase 0.5 shares of issuer common stock for every share of Steel Vault common stock, or 75,000 shares, at $0.62, pursuant to the Agreement and Plan of Reorganization, dated September 4, 2009, as amended (the "Agreement"), among the issuer, Steel Vault and VeriChip Acquisition Corp. ("Merger Sub"), under which Merger Sub merged with and into Steel Vault and Steel Vault continued as the surviving corporation and became a wholly-owned subsidiary of the issuer.
- [F2]This option was originally issued by Steel Vault to purchase 87,500 shares of Steel Vault common stock at $0.41 per share and was converted into an option to purchase 0.5 shares of issuer common stock for every share of Steel Vault common stock, or 43,750 shares, at $0.82, pursuant to the Agreement.
- [F3]This option was originally issued by Steel Vault to purchase 50,000 shares of Steel Vault common stock at $0.21 per share and was converted into an option to purchase 0.5 shares of issuer common stock for every share of Steel Vault common stock, or 25,000 shares, at $0.42, pursuant to the Agreement.
- [F4]This option was originally issued by Steel Vault to purchase 100,000 shares of Steel Vault common stock at $0.21 per share and was converted into an option to purchase 0.5 shares of issuer common stock for every share of Steel Vault common stock, or 50,000 shares, at $0.42, pursuant to the Agreement.