OCEAN BIO CHEM INC 4
4 · OCEAN BIO CHEM INC · Filed Aug 21, 2013
Insider Transaction Report
Form 4
BAROCAS JEFFREY
DirectorVice President, CFO
Transactions
- Exercise/Conversion
Common Stock
2013-08-21$0.97/sh+15,000$14,550→ 117,767 total - Exercise/Conversion
Employee Stock Option (right to buy)
2013-08-21−15,000→ 0 totalExercise: $0.97Exp: 2013-08-21→ Common Stock (15,000 underlying) - Disposition to Issuer
Common Stock
2013-08-21$2.62/sh−1,736$4,548→ 116,031 total
Footnotes (2)
- [F1]The reporting person exercised an option to purchase 15,000 shares, of which 10,310 shares were exercised with cash and the remaining 4,690 shares were exercised by a cashless net exercise in which 2,954 shares were acquired. The total shares acquired by the reporting person through the cash exercise and the cashless net exercise are 13,264.
- [F2]The option vested in five equal installments on August 21, 2009, 2010, 2011, 2012, and 2013.