Sec Form 4 Filing - TODD AARON D @ AIR METHODS CORP - 2013-03-04

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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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1. Name and Address of Reporting Person
TODD AARON D
2. Issuer Name and Ticker or Trading Symbol
AIR METHODS CORP [ AIRM]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
CEO
(Last) (First) (Middle)
C/O AIR METHODS CORPORATION, 7301 SOUTH PEORIA STREET
3. Date of Earliest Transaction (MM/DD/YY)
03/04/2013
(Street)
ENGLEWOOD, CO80112
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 28,957 ( 1 ) ( 2 ) D
Common Stock 1,819.802 ( 3 ) ( 4 ) I By 401(k) Plan
Common Stock 86,871 ( 5 ) ( 6 ) D
Common Stock 5,457 ( 7 ) I By 401(k) Plan
Common Stock 03/04/2013 S 30,000 D $ 46.6591 ( 8 ) 56,871 ( 6 ) D
Common Stock 03/05/2013 M 22,500 A $ 9.31 79,371 ( 6 ) D
Common Stock 03/06/2013 A 8,000 ( 9 ) A $ 0 87,371 ( 10 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $ 9.31 ( 11 ) 02/10/2013 02/10/2015 Common Stock 45,000 ( 11 ) 45,000 ( 11 ) D
Stcok Option (Right to Buy) $ 9.31 03/05/2013 M 22,500 02/10/2013 02/10/2015 Common Stock 22,500 $ 0 22,500 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
TODD AARON D
C/O AIR METHODS CORPORATION
7301 SOUTH PEORIA STREET
ENGLEWOOD, CO80112
X CEO
Signatures
/s/ Trent J. Carman, Attorney-in-Fact for Aaron D. Todd 03/06/2013
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The reporting person previously reported total beneficial ownership of 30,676 shares of common stock, which included 1,719.802 shares of common stock held in the reporting person's 401(k) Plan. Plan holdings were disclosed in a footnote. The amount reported above reflects a decrease in the reporting person's direct holdings by 1,719.802 shares. As of December 28, 2012, shares held by the reporting person's 401(k) Plan will be reported separately as indirect ownership.
( 2 )Total beneficial ownership, pre-split, includes 3,000 shares of restricted stock subject to future vesting.
( 3 )This amount includes an additional 100 shares of common stock which were acquired by the reporting person upon reinvestment of dividends paid over a period of time on shares held in a 401(k) Plan.
( 4 )In connection with the 3-for-1 stock split described above, fractional shares indirectly held by the reporting person in a 401(k) Plan were cashed out. Such cash-out was calculated by multiplying the closing stock price on the date of cash-out ($111.99) by the pre-split number of fractional shares (.802). Application of the cash-out provision resulted in the issuer delivering $89.82 in cash to the reporting person in consideration for cancellation of the fractional shares previously reported.
( 5 )On December 28, 2012, the common stock of Air Methods Corporation split 3-for-1, resulting in the reporting person's ownership of 57,914 additional shares of common stock.
( 6 )Total beneficial ownership, post-split, includes 9,000 shares of restricted stock subject to future vesting.
( 7 )On December 28, 2012, the common stock of Air Methods Corporation split 3-for-1, resulting in the reporting person's ownership of 3,638 additional shares of common stock in his 401(k) Plan.
( 8 )The price reported above is the weighted average sale price. This transaction was executed in multiple trades at prices ranging from $46.60 to $46.80, inclusive. The reporting person hereby undertakes to provide to the SEC staff, the issuer or a security holder of the issuer upon request, full information regarding the number of shares and price at which each transaction was effected.
( 9 )This restricted stock grant vests in three substantially equal annual installments on each of January 1, 2016, January 1, 2017 and January 1, 2018.
( 10 )Total beneficial ownership includes 17,000 shares of restricted stock subject to future vesting.
( 11 )This option was previously reported as covering a total of 15,000 shares at an exercise price of $27.93 per share, but was adjusted to reflect the 3-for-1 stock split that occurred on December 28, 2012. The reporting person did not exercise shares under this grant prior to the stock split. This amount represents applicaton of the 3-for-1 stock split to both unvested options and options vested and available for exercise, resulting in the reporting person's option to purchase 30,000 additional shares of common stock.

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