This component of the Cashless Net Share Settlement reflects the shares that the reporting person was obligated to surrender to the Issuer to pay for the aggregate exercise price for the shares acquired on November 8, 2013.
Common Stock of 9,003 shown in Table I above excludes options of 80,500. Total amount of common stock and options is 89,503.
The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.
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Other recent filings from the company include the following:
Major owner of EPIQ Systems just picked up 17,993 shares - Aug. 21, 2014