Home/Filings/4/0001660878-16-000017
4//SEC Filing

VirtualScopics, Inc. 4

Accession 0001660878-16-000017

CIK 0001307752operating

Filed

May 11, 8:00 PM ET

Accepted

May 12, 2:15 PM ET

Size

5.6 KB

Accession

0001660878-16-000017

Insider Transaction Report

Form 4
Period: 2016-05-10
Transactions
  • Disposition to Issuer

    Stock Options

    2016-05-10$0.89/sh2,500$2,2250 total
    Exercise: $3.16Exp: 2025-03-02Common Stock (2,500 underlying)
Footnotes (1)
  • [F1]These option which provided for vesting in four equal annual installments beginning March 2, 2015, 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, 2:15 PM ET
Size
5.6 KB