INNOTRAC CORP 4
4 · INNOTRAC CORP · Filed Jan 7, 2014
Insider Transaction Report
Form 4
INNOTRAC CORPINOC
Marano Thomas J
Director
Transactions
- Disposition to Issuer
Common Stock
2014-01-06−45,000→ 0 total - Disposition to Issuer
Stock Option (right to buy
2014-01-06−25,000→ 0 totalExercise: $4.56From: 2005-12-31Exp: 2015-12-31→ Common Stock (25,000 underlying) - Disposition to Issuer
Stock Option (right to buy
2014-01-06−5,000→ 0 totalExercise: $2.74Exp: 2017-06-08→ Common Stock (5,000 underlying)
Footnotes (3)
- [F1]Pursuant to the Agreement and Plan of Merger among Blue Eagle Holdings, L.P., a Delaware limited partnership, Blue Eagle Acquisition Sub, Inc., a Georgia corporation, and Innotrac Corporation, a Georgia corporation (the "Company"), converted into the right to receive the per share consideration of $8.20.
- [F2]Pursuant to the Agreement and Plan of Merger among Blue Eagle Holdings, L.P., a Delaware limited partnership, Blue Eagle Acquisition Sub, Inc., a Georgia corporation, and the Company, converted into the right to receive the difference between the exercise price of the option and the per share consideration of $8.20.
- [F3]50% of the option for 5,000 shares vested on June 8, 2009, 25% vested on June 8, 2010, and the remaining 25% vested on June 8, 2011.