DUDMAN WILLIAM 4
4 · OCEAN BIO CHEM INC · Filed Dec 18, 2012
Insider Transaction Report
Form 4
DUDMAN WILLIAM
DirectorVice president
Transactions
- Exercise/Conversion
Common Stock
2012-12-17$1.32/sh+20,000$26,400→ 181,112 total - Disposition to Issuer
Common Stock
2012-12-17$2.37/sh−8,354$19,799→ 172,758 total - Exercise/Conversion
Employee Stock Option (right to buy)
2012-12-17−20,000→ 0 totalExercise: $1.32Exp: 2012-12-17→ Common Stock (20,000 underlying)
Footnotes (2)
- [F1]The reporting person exercised an option to purchase 20,000 shares, of which 5,000 shares were exercised with cash and the remaining 15,000 shares were exercised by a cashless net exercise in which 6,646 shares were acquired. The total shares acquired by the reporting person through the cash exercise and the cashless net exercise are 11,646.
- [F2]The option vested in five equal installments on December 17, 2008, 2009, 2010, 2011, and 2012.