MCLAUGHLIN KEVIN H 4
4 · Steel Vault Corp · Filed Nov 13, 2009
Insider Transaction Report
Form 4
Steel Vault CorpSVUL.OB
MCLAUGHLIN KEVIN H
Director
Transactions
- Disposition to Issuer
Common Stock
2009-11-10−200,000→ 0 total - Disposition to Issuer
Stock Options (right to buy)
2009-11-10−263,037→ 0 totalExercise: $0.28Exp: 2010-06-28→ Common Stock (263,037 underlying) - Disposition to Issuer
Stock Options (right to buy)
2009-11-10−75,000→ 0 totalExercise: $0.41Exp: 2013-09-26→ Common Stock (75,000 underlying)
Footnotes (3)
- [F1]Disposed of pursuant to the Agreement and Plan of Reorganization, dated September 4, 2009, as amended (the "Agreement"), among the issuer, PositiveID Corporation ("PositiveID") and VeriChip Acquisition Corp. in exchange for 100,000 shares of PositiveID common stock having a market value of $1.71 per share on the effective date of the merger.
- [F2]This option is currently exercisable. This option was assumed by PositiveID pursuant to the Agreement and replaced with an option to purchase 131,519 shares of PositiveID common stock for $0.56 per share.
- [F3]This option is currently exercisable. This option was assumed by PositiveID pursuant to the Agreement and replaced with an option to purchase 37,500 shares of PositiveID common stock for $0.82 per share.