Uzzi Donald R 4
4 · MERISEL INC /DE/ · Filed Apr 3, 2012
Insider Transaction Report
Form 4
MERISEL INC /DE/MSEL
Uzzi Donald R
CEO & President
Transactions
- Award
Employee Stock Option
2012-03-30+100,000→ 300,000 totalExercise: $1.35From: 2012-03-30Exp: 2016-11-22→ Merisel, Inc. Common Stock (100,000 underlying)
Footnotes (2)
- [F1]Consists of options to purchase 100,000 shares of common stock, par value $.01 per share, of Merisel, Inc. ("Common Stock") at an exercise price of $1.35 per share (the "New Options"), awarded under the Merisel, Inc. 1997 Stock Award and Incentive Plan Nonqualified Stock Option Agreement dated March 30, 2012 (the "Agreement") pursuant to which the Reporting Person's options to purchase 100,000 shares of Common Stock at an exercise price of $12.00 per share granted on November 22, 2004 were cancelled and exchanged for the New Options, subject to other terms and conditions set forth in the Agreement.
- [F2]Includes additional options to purchase 200,000 Common Stock granted to the Reporting Person on November 22, 2004 under the 1997 Stock Award and Incentive Plan.