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4//SEC Filing

MEDIWARE INFORMATION SYSTEMS INC 4

Accession 0001005477-08-004468

CIK 0000874733operating

Filed

Jun 24, 8:00 PM ET

Accepted

Jun 25, 3:49 PM ET

Size

8.0 KB

Accession

0001005477-08-004468

Insider Transaction Report

Form 4
Period: 2008-01-31
WEBER ROBERT C
Sen. V.P., Chf. Legal Off & GC
Transactions
  • Award

    Common Stock

    2008-02-15+25,00045,000 total
  • Award

    Stock Option (Right to Buy)

    2008-01-31+30,00030,000 total
    Exercise: $6.88From: 2009-01-31Exp: 2013-01-31Common Stock (30,000 underlying)
Footnotes (2)
  • [F1]These shares were the subject of a grant of restricted stock under the issuer's 2003 Equity Incentive Plan, as amended. 2,083 shares vest on each of June 30, 2008 and June 30, 2009 and 2,084 shares vest on June 30, 2010. 6,250 shares each vest upon the filing of the issuer's 2008, 2009 and 2010 Form 10-K, respectively, if the issuer's Board of Directors determines that the performance metrics setting out the vesting requirements for each respective tranche are achieved. All unvested shares are forfeited upon termination of Mr. Weber's employment or if the shares are not vested by December 31, 2010. Unvested and not forfeited shares terminate upon an acquisition of the issuer and Mr. Weber shall be paid cash equal to two times the difference between the price per share of the issuer's common stock paid by the acquirer and $6.88 per share.
  • [F2]Options to purchase 7,500 shares vest on 01/31/2009, the remaining options vest ratably on 01/31/2010, 01/31/2011 and 01/31/2012. Issued pursuant to issuer's 2003 Equity Incentive Plan, as amended.

Issuer

MEDIWARE INFORMATION SYSTEMS INC

CIK 0000874733

Entity typeoperating
IncorporatedNY

Related Parties

1
  • filerCIK 0000874733

Filing Metadata

Form type
4
Filed
Jun 24, 8:00 PM ET
Accepted
Jun 25, 3:49 PM ET
Size
8.0 KB