EMANUEL JAMES M 4
4 · SRI SURGICAL EXPRESS INC · Filed Jul 16, 2012
Insider Transaction Report
Form 4
EMANUEL JAMES M
Director
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2012-07-16$2.35/sh−7,500$17,625→ 0 totalExercise: $1.35Exp: 2019-05-22→ Common Stock (7,500 underlying) - Disposition from Tender
Common Stock
2012-07-13$3.70/sh−10,000$37,000→ 0 total
Footnotes (1)
- [F1]This option, which provided for vesting evenly over a three year period from May 21, 2009 was cancelled in exchange for a cash payment of $17,625 (less any applicable withholdings), which represents the product of the number of shares covered by this option multiplied by the amount per share by which the per share amount of $3.70 exceeds the exercise price per share under this option.