BAROCAS JEFFREY 4
4 · OCEAN BIO CHEM INC · Filed Dec 18, 2012
Insider Transaction Report
Form 4
BAROCAS JEFFREY
DirectorVice President, CFO
Transactions
- Disposition to Issuer
Common Stock
2012-12-17$2.37/sh−5,403$12,805→ 87,767 total - Exercise/Conversion
Common Stock
2012-12-17$1.32/sh+15,000$19,800→ 93,170 total - Exercise/Conversion
Employee Stock Option (right to buy)
2012-12-17−15,000→ 0 totalExercise: $1.32Exp: 2012-12-17→ Common Stock (15,000 underlying)
Footnotes (2)
- [F1]The reporting person exercised an option to purchase 15,000 shares, of which 5,300 shares were exercised with cash and the remaining 9,700 shares were exercised by a cashless net exercise in which 4,297 shares were acquired. The total shares acquired by the reporting person through the cash exercise and the cashless net exercise are 9,597.
- [F2]The option vested in five equal installments on December 17, 2008, 2009, 2010, 2011, and 2012.