Filing Details

Accession Number:
0001181431-11-008053
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-02-08 09:22:17
Reporting Period:
2010-12-08
Filing Date:
2011-02-08
Accepted Time:
2011-02-08 09:22:17
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
863650 Adam Inc ADAM Services-Prepackaged Software (7372) 581878070
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1359132 B Mark Adams 10 10Th Street Ne
Suite 500
Atlanta GA 30309
Chief Executive Officer Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2010-12-08 2,000 $6.53 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Options Disposition 2011-02-07 26,666 $2.95 26,666 $3.00
Common Stock Stock Options Disposition 2011-02-07 132,000 $2.08 132,000 $3.87
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2019-05-30 No 4 D Direct
0 2020-03-22 No 4 D Direct
Footnotes
  1. This option, which provided for vesting in three equal annual installments beginning May 30, 2009, was canceled in the merger between the issuer and Ebix, Inc. in exchange for a cash payment of $78,664.70, representing the difference between the exercise price of the option and $5.95 per share.
  2. This option, which provided for vesting in three equal annual installments beginning March 22, 2010, was canceled in the merger in exchange for a cash payment of $274,560, representing the difference between the exercise price of the option and $5.95 per share.