Van Daele Dirk Karel 4
4 · Track Group, Inc. · Filed Apr 13, 2018
Insider Transaction Report
Form 4
Van Daele Dirk Karel
Director
Transactions
- Disposition to Issuer
Options
2017-11-30−6,338→ 0 totalExercise: $7.10From: 2015-10-15Exp: 2022-10-14→ Common Stock (6,338 underlying) - Award
Options
2017-11-30+6,338→ 6,338 totalExercise: $1.24From: 2015-10-15Exp: 2022-10-14→ Common Stock (6,338 underlying) - Disposition to Issuer
Options
2017-11-30−9,000→ 0 totalExercise: $5.00From: 2016-07-01Exp: 2023-06-30→ Common Stock (9,000 underlying) - Disposition to Issuer
Options
2017-11-30−7,563→ 0 totalExercise: $5.95From: 2016-01-15Exp: 2023-01-15→ Common Stock (7,563 underlying) - Award
Options
2017-11-30+7,563→ 7,563 totalExercise: $1.24From: 2016-01-15Exp: 2023-01-15→ Common Stock (7,563 underlying) - Award
Options
2017-11-30+9,000→ 9,000 totalExercise: $1.24From: 2016-07-01Exp: 2023-06-30→ Common Stock (9,000 underlying)
Footnotes (1)
- [F1]The reported transactions involved the modification of certain outstanding options, resulting in the deemed cancellation of the "old" options and the grant of replacement options with a reduced exercise price of $1.24 per share, which modifications were approved in advance by the Issuer's Board of Directors on November 30, 2017. The cancellation and subsequent grant were both exempt from Section 16(b) pursuant to Rule 16b-3(e) and Rule 16b-3(d), respectively.