Adele Stephen D. 4
4 · INTEGRATED SECURITY SYSTEMS INC · Filed Apr 9, 2012
Insider Transaction Report
Form 4
Adele Stephen D.
President and CEO
Transactions
- Other
Employee Stock Options
2012-04-05+322,740→ 322,740 totalExercise: $0.57From: 2012-02-16Exp: 2022-02-16→ Common Stock (322,740 underlying)
Footnotes (2)
- [F1]The options reported were originally granted to the reporting person by iSatori Technologies, Inc., a Colorado corporation (the "Company"), which is the survivor of the merger between the Company and iSatori Acquisition Corp., a Delaware corporation and wholly-owned subsidiary of the issuer (the "Merger").
- [F2]Pursuant to the terms of the Merger, Company options were exchanged for Employee Stock Options of the issuer at a conversion price which reflects an exchange ratio of 0.66802025. The converted options retain the same vesting provisions and expiration date as the original grant.