DECHANT DAVID B 4
4 · Computer Software Innovations, Inc. · Filed Nov 8, 2012
Insider Transaction Report
Form 4
DECHANT DAVID B
Chief Financial Officer
Transactions
- Disposition to Issuer
Employee Stock Option (Right to Buy)
2012-11-08$0.36/sh−50,000$18,250→ 0 totalExercise: $0.73Exp: 2022-06-01→ Common Stock (50,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2012-11-08−25,000→ 0 totalExercise: $1.42Exp: 2017-11-30→ Common Stock (25,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2012-11-08$0.40/sh−30,000$12,000→ 0 totalExercise: $0.70Exp: 2020-06-01→ Common Stock (30,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2012-11-08$0.40/sh−20,000$8,000→ 0 totalExercise: $0.70Exp: 2021-06-07→ Common Stock (20,000 underlying)
Footnotes (2)
- [F1]This option was cancelled pursuant to the Stock Option Cancellation Agreement between the Company and Mr. Dechant as required by the Agreement and Plan of Merger, in exchange for a total cash payment of $250.
- [F2]This option was cancelled pursuant to the Stock Option Cancellation Agreement between the Company and Mr. Dechant as required by the Agreement and Plan of Merger, in exchange for a cash payment equal to the number of shares underlying such option multiplied by the difference between the exercise price of the option and the per share price of $1.10.