KAPLITT STEPHEN B 4
4 · LUMENIS LTD · Filed Aug 11, 2004
Insider Transaction Report
Form 4
LUMENIS LTDLUME
KAPLITT STEPHEN B
Other
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2002-07-08−3,333→ 6,667 totalExercise: $4.00From: 2003-07-08Exp: 2007-07-08→ Ordinary Shares (10,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2003-05-12−3,750→ 11,250 totalExercise: $1.77From: 2003-11-12Exp: 2011-05-12→ Ordinary Shares (15,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2003-05-12−13,332→ 6,668 totalExercise: $1.77From: 2004-05-12Exp: 2011-05-12→ Ordinary Shares (20,000 underlying)
Footnotes (3)
- [F1]These options became exercisable in four equal installments of 3,750 shares each on November 12, 2003, May 12, 2004, November 12,2004, and May 12, 2005; provided, that all unvested options which would have otherwise vested during 2004 automatically became vested upon the effective date of Mr. Kaplitt's Consulting Agreement. Such Consulting Agreement terminated effective August 9, 2004, resulting in options to acquire 3,750 shares being unvested as of such date and becoming void. Notwithstanding the expiration dates of these options, the vested options may be exercised for a period of 90 days following such termination date.
- [F2]These options became exercisable in three equal installments of 6,666 shares each on May 12, 2004, May 12, 2005, and May 12, 2006; provided, that all unvested options which would have otherwise vested during 2004 automatically became vested upon the effective date of Mr. Kaplitt's Consulting Agreement. Such Consulting Agreement terminated effective August 9, 2004, resulting in options to acquire 13,332 shares being unvested as of such date and becoming void. Notwithstanding the expiration dates of these options, the vested options may be exercised for a period of 12 months following such termination date.
- [F3]These options became exercisable in three equal installments of 3,333 shares each on July 8, 2003, July 8, 2004, and July 8, 2005; provided, that all unvested options which would have otherwise vested during 2004 automatically became vested upon the effective date of Mr. Kaplitt's Consulting Agreement. Such Consulting Agreement terminated effective August 9, 2004, resulting in options to acquire 3,333 shares being unvested as of such date and becoming void. Notwithstanding the expiration dates of these options, the vested options may be exercised for a period of 60 days following such termination date.