Duggan Samuel W II 4
4 · Stereotaxis, Inc. · Filed Oct 5, 2011
Insider Transaction Report
Form 4
Duggan Samuel W II
Chief Financial Officer
Transactions
- Award
Common Stock
2011-10-03$1.04/sh+25,000$26,000→ 25,000 total - Award
Stock Appreciation Rights
2011-10-03+175,000→ 175,000 totalExercise: $1.04From: 2012-10-03Exp: 2021-01-03→ Common Stock (175,000 underlying)
Footnotes (3)
- [F1]Grant to reporting person of restricted stock having a fair market value of $1.04 per share on the date of grant. The shares are subject to forfeiture if certain performance criteria are not achieved over time.
- [F2]The stock appreciation rights vest as follows: (1) 25% vest one year after the date of grant, and (2) the remaining 75% vest ratably per month over the next three years.
- [F3]Price is not applicable to acquisitions resulting from grants of stock appreciation rights.