IOMED INC 4
4 · IOMED INC · Filed Aug 13, 2007
Insider Transaction Report
Form 4
IOMED INCIOX
MOWER BRIAN L
Chief Financial Officer
Transactions
- Disposition to Issuer
Stock Option
2007-08-09$1.89/sh−10,000$18,900→ 0 totalExercise: $1.89From: 2007-08-09Exp: 2007-08-09→ Common Stock (10,000 underlying) - Disposition to Issuer
Stock Option
2007-08-09$1.72/sh−50,000$86,000→ 0 totalExercise: $1.72From: 2007-08-09Exp: 2007-08-09→ Common Stock (50,000 underlying)
Footnotes (3)
- [F1]This stock option, which provided for 4 year vesting, was cancelled pursuant to a merger agreement between issuer, ReAble Therapeutics, Inc. and Spartan Acquisition Corp. The option was exchanged for a cash payment of $0.86 per share, representing the difference between the exercise price of the option and the market value of the underlying Iomed common stock on the effective date of the merger ($2.75 per share).
- [F2]This stock option, which provided for 4 year vesting, was cancelled pursuant to the merger agreement between issuer, ReAble Therapeutics, Inc. and Spartan Acquisition Corp. The option was exchanged for a cash payment of $0.97 per share, representing the difference between the exercise price of the option and the market value of the underlying Iomed common stock on the effective date of the merger ($2.75 per share).
- [F3]This stock option, which provided for 5 year vesting, was cancelled pursuant to the merger agreement. Because the exercise price was below the market value of the underlying Iomed common stock on the effective date ofthe merger ($2.75 per share), there was no cash payment.