MCFARLIN WHITNEY A 4
4 · POSSIS MEDICAL INC · Filed Jan 16, 2004
Insider Transaction Report
Form 4
MCFARLIN WHITNEY A
Director
Transactions
- Award
stock option, right to buy
2004-01-02$19.09/sh+4,000$76,360→ 4,000 totalExercise: $19.09From: 2005-01-02Exp: 2014-01-02→ conmmon stock (4,000 underlying) - Award
stock option, right to buy
2004-01-02$19.09/sh+20,000$381,800→ 20,000 totalExercise: $19.09From: 2011-01-02Exp: 2014-01-02→ common stock (20,000 underlying) - Award
common stock
2004-01-02+314→ 1,003 total - Award
stock option, right to buy
2004-01-02$9.55/sh+1,806$17,247→ 1,806 totalExercise: $9.55From: 2004-07-02Exp: 2014-01-02→ common stock (1,806 underlying)
Footnotes (3)
- [F1]Of the total number of options granted, 50% vest on 7/2/2004 and the remaining 50% vest on 1/2/2005.
- [F2]This option grant provides for accelerated vesting in the event that specified price targets are met and maintained for five consecutive business days. The accelerated vesting schedule provides that 30% of the total grant shall vest in the event the stock price appreciates 20% to $22.91; an additional 30% of the total grant shall vest in the event the stock price appreciates 40% to $26.73; and the final 30% of the total grant shall vest in the event the stock price appreciates 60% to $30.54
- [F3]This option grant provides for accelerated vesting in the event that specified price targets are met and maintained for five consecutive business days. The accelerated vesting schedule proves that 30% of the total grant shall vest in the event the stock price aprreciates 20% to $22.91; an additional 30% of the total grant shall vest in the event the stock price appreciates 40% to $26.73; and the final 30% of the total grant shall vest in the event the stock price appreciates 60% to $30.54.