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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Options (Right to Buy) | $ 3.9 | 12/28/2007 | D | 50,000 | (2) | 02/22/2011 | Common Stock | 50,000 | (2) | 0 | D | ||||
Stock Options (Right to Buy) | $ 1.91 | 12/28/2007 | D | 250,000 | (3) | 09/04/2013 | Common Stock | 250,000 | (3) | 0 | D | ||||
Stock Options (Right to Buy) | $ 3.89 | 12/28/2007 | D | 250,000 | (4) | 12/31/2013 | Common Stock | 250,000 | (4) | 0 | D | ||||
Stock Options (Right to Buy) | $ 3.43 | 12/28/2007 | D | 500,000 | (5) | 02/18/2014 | Common Stock | 500,000 | (5) | 0 | D | ||||
Stock Options (Right to Buy) | $ 5.07 | 12/28/2007 | D | 200,000 | (6) | 02/25/2015 | Common Stock | 200,000 | (6) | 0 | D | ||||
Stock Options (Right to Buy) | $ 5.61 | 12/28/2007 | D | 140,000 | (7) | 03/07/2015 | Common Stock | 140,000 | (7) | 0 | D | ||||
Stock Options (Right to Buy) | $ 3.26 | 12/28/2007 | D | 400,000 | (8) | 06/13/2016 | Common Stock | 400,000 | (8) | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
SILVERMAN SCOTT R C/O DIGITAL ANGEL CORPORATION 490 VILLAUME AVENUE SOUTH ST. PAUL, MN 55075 |
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/s/ Scott R. Silverman | 12/27/2007 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Disposed of pursuant to Agreement and Plan of Reorganization between issuer, Applied Digital Solutions, Inc. and Digital Angel Acquisition Corp., in exchange for 144,830 shares of Applied Digital Solutions, Inc. common stock having a market value of $0.44 per share on the effective date of the merger. |
(2) | This option is immediately exercisable. This option was assumed by Applied Digital Solutions, Inc., pursuant to the Agreement and Plan of Reorganization between issuer, Applied Digital Solutions, Inc. and Digital Angel Acquisition Corp., and replaced with an option to purchase 70,000 shares of Applied Digital Solutions, Inc. common stock for $2.79 per share. |
(3) | This option is immediately exercisable. This option was assumed by Applied Digital Solutions, Inc., pursuant to the Agreement and Plan of Reorganization between issuer, Applied Digital Solutions, Inc. and Digital Angel Acquisition Corp., and replaced with an option to purchase 350,000 shares of Applied Digital Solutions, Inc. common stock for $1.36 per share. |
(4) | This option is immediately exercisable. This option was assumed by Applied Digital Solutions, Inc., pursuant to the Agreement and Plan of Reorganization between issuer, Applied Digital Solutions, Inc. and Digital Angel Acquisition Corp., and replaced with an option to purchase 350,000 shares of Applied Digital Solutions, Inc. common stock for $2.78 per share. |
(5) | This option is immediately exercisable. This option was assumed by Applied Digital Solutions, Inc., pursuant to the Agreement and Plan of Reorganization between issuer, Applied Digital Solutions, Inc. and Digital Angel Acquisition Corp., and replaced with an option to purchase 700,000 shares of Applied Digital Solutions, Inc. common stock for $2.45 per share. |
(6) | This option is immediately exercisable. This option was assumed by Applied Digital Solutions, Inc., pursuant to the Agreement and Plan of Reorganization between issuer, Applied Digital Solutions, Inc. and Digital Angel Acquisition Corp., and replaced with an option to purchase 280,000 shares of Applied Digital Solutions, Inc. common stock for $3.62 per share. |
(7) | This option is immediately exercisable. This option was assumed by Applied Digital Solutions, Inc., pursuant to the Agreement and Plan of Reorganization between issuer, Applied Digital Solutions, Inc. and Digital Angel Acquisition Corp., and replaced with an option to purchase 196,000 shares of Applied Digital Solutions, Inc. common stock for $4.01 per share. |
(8) | This option is immediately exercisable. This option was assumed by Applied Digital Solutions, Inc., pursuant to the Agreement and Plan of Reorganization between issuer, Applied Digital Solutions, Inc. and Digital Angel Acquisition Corp., and replaced with an option to purchase 560,000 shares of Applied Digital Solutions, Inc. common stock for $2.33 per share. |