SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
PITTMAN W RANDALL

(Last) (First) (Middle)
1200 CORPORATE DRIVE
SUITE 200

(Street)
BIRMINGHAM AL 35242

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
EMAGEON INC [ EMAG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
04/03/2006
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 04/03/2006 04/03/2006 M 2,500(1) A $4.7 9,426 D
Common Stock 04/03/2006 04/03/2006 S 2,500(2) D $16.9 6,926 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 (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 Securities Underlying Derivative Security (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: 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
Common Stock $16.56 04/03/2006 04/03/2006 A 28,416 (3) 04/03/2016 Common Stock 28,416 $0.00 240,233 D
Common Stock $0.00 04/03/2006 04/03/2006 A 3,157 (4) 04/03/2016 Common Stock 3,157 $0.00 243,390 D
Common Stock $4.7 04/03/2006 04/03/2006 M 2,500 (5) 11/01/2012 Common Stock 2,500 $0.00 240,890 D
Explanation of Responses:
1. These shares were acquired from the exercise of stock options, such transaction completed pursuant to a certain 10b5-1 Plan Agreement executed in November of 2005.
2. These shares were sold pursuant to a 10b5-1 Plan Agreement executed in November of 2005.
3. This option vests 25% on the first anniversary of the grant date and the remaining 75% vests in 36 equal monthly installments beginning on May 1, 2007.
4. These Restricted Stock Units vest 25% on the first anniversary of the grant date and the remaining 75% vests in 36 equal monthly installments beginning on May 1, 2007. The settlement date for these Restricted Stock Units is April 3, 2012.
5. The option vested on 11/01/2005
Remarks:
/s/ Pamela B. Fetterolf, Attorney-in-Fact for W. Randall Pittman 04/05/2006
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
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