PALOMAR MEDICAL TECHNOLOGIES INC 4
4 · PALOMAR MEDICAL TECHNOLOGIES INC · Filed Jun 18, 2013
Insider Transaction Report
Form 4
PAPPALARDO A NEIL
Director
Transactions
- Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2012-07-02−25,000→ 0 totalExercise: $0.90From: 2003-04-11Exp: 2012-07-07→ Common Stock (25,000 underlying) - Exercise/Conversion
Common Stock
2012-07-02$0.90/sh+25,000$22,500→ 632,255 total
Footnotes (2)
- [F1]1998 Stock Option Plan
- [F2]The stock option is exercisable in three equal installments, commencing one year from date of grant with an acceleration clause based on accomplishing certain performance milestones. The milestones were achieved in 2003 and therefore the option in fully exercisable.