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4//SEC Filing

VirtualScopics, Inc. 4

Accession 0001660878-16-000015

CIK 0001307752operating

Filed

May 11, 8:00 PM ET

Accepted

May 12, 2:03 PM ET

Size

12.0 KB

Accession

0001660878-16-000015

Insider Transaction Report

Form 4
Period: 2016-05-10
Way Ronald
Chief Operating Officer
Transactions
  • Disposition to Issuer

    Stock Options

    2016-05-105,0000 total
    Exercise: $19.90Exp: 2021-03-02Common Stock (5,000 underlying)
  • Disposition to Issuer

    Stock Options

    2016-05-107500 total
    Exercise: $11.30Exp: 2022-01-27Common Stock (750 underlying)
  • Disposition to Issuer

    Stock Options

    2016-05-1010,0000 total
    Exercise: $4.20Exp: 2024-08-19Common Stock (10,000 underlying)
  • Disposition to Issuer

    Stock Options

    2016-05-10$0.95/sh5,000$4,7500 total
    Exercise: $3.10Exp: 2026-01-28Common Stock (5,000 underlying)
Footnotes (1)
  • [F1]These options which provided for vesting in four equal annual installments beginning on 3/2/11, 1/27/12, 8/19/14 and 1/28/16, respectively, were cancelled pursuant to a Merger Agreement between Issuer and BioTelemetry Research Acquisition Corporation, a wholly-owned subsidiary of BioTelemetry, Inc., in exchange for an amount in cash equal to the product of (A) the positive excess, if any, of (1) the Common Merger Consideration over (2) the exercise price per Common Share then in effect in respect of such stock option, and (B) the aggregate number of Common Shares subject to such stock option immediately prior to the effective time of the merger.

Issuer

VirtualScopics, Inc.

CIK 0001307752

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001307752

Filing Metadata

Form type
4
Filed
May 11, 8:00 PM ET
Accepted
May 12, 2:03 PM ET
Size
12.0 KB