Kay, Henry 4
4 · MICROFLUIDICS INTERNATIONAL CORP · Filed Mar 1, 2011
Insider Transaction Report
Form 4
Kay, Henry
Director
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2011-02-25$1.35/sh−25,000$33,750→ 0 totalExercise: $0.90Exp: 2015-03-04→ Common Stock (25,000 underlying)
Footnotes (1)
- [F1]This option was cancelled in the tender offer period that expired on February 24, 2011 in exchange for a cash payment of 11,250, representing the difference between the exercise price of the option and the tender offer price (1.35 per share) pursuant to the Agreement and Plan of Merger dated January 10, 2011 by and among Microfluidics International Corporation, Idex Corporation and Nano Merger Sub, Inc.