DELAHANTY JAY 4
4 · PALOMAR MEDICAL TECHNOLOGIES INC · Filed Aug 15, 2003
Insider Transaction Report
Form 4
DELAHANTY JAY
Director
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2003-07-22$5.05/sh+5,000$25,250→ 5,000 totalExercise: $5.05Exp: 2013-07-21→ Common Stock (5,000 underlying)
Holdings
- 12,500
Non-Qualified Stock Option (right to buy)
Exercise: $0.90Exp: 2012-07-07→ Common Stock (12,500 underlying)
Footnotes (3)
- [F1]1998 Stock Option Plan
- [F2]The stock option is exercisable in three equal installments, commencing one year from date of grant.
- [F3]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.