Puglisi Vincent 4

4 · PLC SYSTEMS INC · Filed Jun 3, 2009

Insider Transaction Report

Form 4

Period: 2009-06-03

PLC SYSTEMS INCPLCSF

Puglisi Vincent

Managing Director, Int'l

Transactions

Disposition to Issuer
Stock Option (Right to Buy)
2009-06-03−15,000→ 0 total
Exercise: $0.67Exp: 2016-05-16→ Common Stock (15,000 underlying)
Disposition to Issuer
Stock Option (Right to Buy)
2009-06-03−38,750→ 0 total
Exercise: $0.56Exp: 2010-10-26→ Common Stock (38,750 underlying)
Disposition to Issuer
Stock Option (Right to Buy)
2009-06-03−155,000→ 0 total
Exercise: $0.45Exp: 2013-03-25→ Common Stock (155,000 underlying)
Award
Stock Option (Right to Buy)
2009-06-03+246,902→ 246,902 total
Exercise: $0.24Exp: 2014-06-02→ Common Stock (246,902 underlying)
Disposition to Issuer
Stock Option (Right to Buy)
2009-06-03−8,152→ 0 total
Exercise: $0.55Exp: 2015-05-23→ Common Stock (8,152 underlying)

Footnotes (10)

[F1]The cancelled option was fully vested.
[F10]On June 3, 2009, the issuer granted the reporting person an option for the same number of shares as were underlying the options that were cancelled on the same date pursuant to the issuer's option exchange program.
[F2]On June 3, 2009, the issuer cancelled, pursuant to the issuer's option exchange program, an option granted to the reporting person on October 27, 2000.
[F3]On June 3, 2009, the issuer cancelled, pursuant to the issuer's option exchange program, an option granted to the reporting person on March 26, 2003.
[F4]On June 3, 2009, the issuer cancelled, pursuant to the issuer's option exchange program, an option granted to the reporting person on May 24, 2005.
[F5]On June 3, 2009, the issuer cancelled, pursuant to the issuer's option exchange program, an option granted to the reporting person on May 17, 2006.
[F6]The cancelled option provided for vesting in three equal annual installments beginning on the one-year anniversary of the date of grant.
[F7]On June 3, 2009, the issuer cancelled, pursuant to the issuer's option exchange program, an option granted to the reporting person on June 13, 2007.
[F8]On June 3, 2009, the issuer cancelled, pursuant to the issuer's option exchange program, an option granted to the reporting person on June 18, 2008.
[F9]The option provides for 1/3 of the underlying number of shares to vest on the one-year anniversary of the date of grant and an additional 1/12 of the underlying number of shares to vest at the end of each successive three-month period following the one-year anniversary of the date of grant.

Documents

1 file

4
primary_doc.xmlPrimary
PRIMARY DOCUMENT