ITUS Corp 4
4 · ITUS Corp · Filed Oct 24, 2016
Insider Transaction Report
Form 4
ITUS CorpITUS
HERMS HENRY P
DirectorVice President-Finance & CFO
Transactions
- Exercise/Conversion
Common Stock
2016-10-20$2.58/sh+2,000$5,150→ 24,125 total - Disposition to Issuer
Common Stock
2016-10-20$6.40/sh−804$5,146→ 23,321 total - Exercise/Conversion
Employee Stock Option
2016-10-20−2,000→ 0 totalExercise: $2.58From: 2006-11-21Exp: 2016-11-21→ Common Stock (2,000 underlying)
Footnotes (2)
- [F1]The exercise of the option was net settled with the Company and 804 shares were withheld to pay the applicable exercise price pursuant to Section 16b-3(e) under the Securities Exchange Act of 1934, as amended.
- [F2]Right-To-Buy, pursuant to the ITUS Corporation 2003 Share Incentive Plan.