Schutt Rodney W. 4/A
4/A · ASPYRA INC · Filed Jul 27, 2009
Insider Transaction Report
Form 4/AAmended
ASPYRA INCAPY
Schutt Rodney W.
DirectorChief Executive Officer
Transactions
- Other
Incentive Option (Right to Buy)
2009-06-11+700,000→ 700,000 totalExercise: $0.29Exp: 2014-06-11→ Common Stock (700,000 underlying)
Footnotes (3)
- [F1]These options were issued pursuant to Aspyra, Inc.'s (the "Company") 2005 Equity Incentive Plan, as amended (the "Plan"). An amendment to the Plan was approved at the Company's annual shareholders' meeting held on June 11, 2009.
- [F2]In a Form 4 filed with the Securities and Exchange Commission on June 16, 2009, it was reported that the options are exercisable in 25% increments annually beginning June 11, 2010. The options are exercisable in 25% increments annually beginning November 17, 2009.
- [F3]Does not include 375,000 options previously reported, which were not issued due to unavailability under the Plan prior to shareholder approval of amendment to the Plan.