4//SEC Filing
KULLBACK WILLIAM J 4
Accession 0001362118-09-000037
CIK 0000815093other
Filed
Aug 30, 8:00 PM ET
Accepted
Aug 31, 3:16 PM ET
Size
6.0 KB
Accession
0001362118-09-000037
Insider Transaction Report
Form 4
ANGEION CORP/MNANGN
KULLBACK WILLIAM J
SVP & Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2009-08-28$3.37/sh−873$2,942→ 32,127 total
Footnotes (2)
- [F1]The Reporting Person was granted a restricted stock option of 8,000 shares on August 28, 2008. One-third of the shares vest on the first, second and third anniversaries of the date of grant. Therefore 2,667 shares vested on August 28, 2009. The Reporting Person is required to pay withholding obligation associated with the vesting of the shares, the Issuer's Board of Directors expressly authorized share withholding for the payment of this obligation, and the Reporting Person has elected share withholding for the payment of this obligation. Therefore, the Issuer withheld for tax obligations 873 shares of the 2,667 shares otherwise issuable.
- [F2]This Form 4 reports (i) the disposition of these 873 shares by the Reporting Person to the Issuer to pay the tax liability associated with the vesting and (ii) the net increase in the Reporting Person's ownership of 1,794 shares. The price of $3.37 is equal to fair market value on the date of vesting and is used to determine both the value of the shares that vest and the value of the shares withheld.
Documents
Issuer
ANGEION CORP/MN
CIK 0000815093
Entity typeother
Related Parties
1- filerCIK 0001205618
Filing Metadata
- Form type
- 4
- Filed
- Aug 30, 8:00 PM ET
- Accepted
- Aug 31, 3:16 PM ET
- Size
- 6.0 KB