OCEAN BIO CHEM INC 4
4 · OCEAN BIO CHEM INC · Filed Aug 21, 2013
Insider Transaction Report
Form 4
DUDMAN WILLIAM
DirectorVice president
Transactions
- Disposition to Issuer
Common Stock
2013-08-21$2.62/sh−3,250$8,515→ 204,508 total - Exercise/Conversion
Common Stock
2013-08-21$0.97/sh+20,000$19,400→ 207,758 total - Exercise/Conversion
Employee Stock Option (right to buy)
2013-08-21−20,000→ 0 totalExercise: $0.97Exp: 2013-08-21→ Common Stock (20,000 underlying)
Footnotes (2)
- [F1]The reporting person exercised an option to purchase 20,000 shares, of which 11,222 shares were exercised with cash and the remaining 8,778 shares were exercised by a cashless net exercise in which 5,528 shares were acquired. The total shares acquired by the reporting person through the cash exercise and the cashless net exercise are 16,750.
- [F2]The option vested in five equal installments on August 21, 2009, 2010, 2011, 2012, and 2013.