TYAGI SATISH K 4
4 · SUPERIOR CONSULTANT HOLDINGS CORP · Filed Jan 31, 2005
Insider Transaction Report
Form 4
TYAGI SATISH K
Director
Transactions
- Disposition to Issuer
Non-qualified stock option (right to buy)
2005-01-27$5.20/sh−10,000$52,000→ 0 totalExercise: $3.30Exp: 2011-04-26→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]This option, which was fully vested, was canceled in the merger in exchange for a cash payment equal to the product of (i) the common stock merger consideration minus the exercise price of the option and (ii) the number of underlying securities.
- [F2]This option, which was granted on April 26, 2004 and provided for the immediate exercise of 4000 of the 10,000 shares underlying the option with the remaining 6,000 to become exercisable on April 26, 2005, was canceled in the merger in exchange for a cash payment of the product of (i) the common stock merger consideration minus the exercise price of the option and (ii) the number of underlying securities.