Home/Filings/4/0001383835-09-000003
4//SEC Filing

Smith Gregory R L 4

Accession 0001383835-09-000003

CIK 0000943034other

Filed

Jun 23, 8:00 PM ET

Accepted

Jun 24, 1:55 PM ET

Size

8.3 KB

Accession

0001383835-09-000003

Insider Transaction Report

Form 4
Period: 2009-06-22
Smith Gregory R L
Chief Financial Officer
Transactions
  • Disposition to Issuer

    Incentive stock option

    2009-06-2224,0000 total
    Exercise: $14.10Exp: 2013-01-15Common stock (24,000 underlying)
  • Award

    Incentive stock options

    2009-06-22+24,00024,000 total
    Exercise: $9.22Exp: 2015-06-22Common stock (24,000 underlying)
Footnotes (3)
  • [F1]The option provided for vesting in four equal annual installments beginning January 15, 2008.
  • [F2]On June 22, 2009, the issuer canceled, pursuant to the issuer's option exchange program, an option grant to the reporting person on January 15, 2007. In exchange, the reporting person received a replacement option on June 22, 2009, for the same number of shares, having an exercise price equal to the market price of the underlying stock on the grant date.
  • [F3]The options become exercisable in four equal annual installments beginning January 2, 2010.

Issuer

IMAGE SENSING SYSTEMS INC

CIK 0000943034

Entity typeother

Related Parties

1
  • filerCIK 0001383835

Filing Metadata

Form type
4
Filed
Jun 23, 8:00 PM ET
Accepted
Jun 24, 1:55 PM ET
Size
8.3 KB