NOVELL INC 4
4 · NOVELL INC · Filed Apr 28, 2011
Insider Transaction Report
Form 4
NOVELL INCNOVL
AIELLO ALBERT JR
Director
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2011-04-27$2.21/sh−25,146$55,573→ 0 totalExercise: $3.89Exp: 2017-04-07→ Common Stock (25,146 underlying) - Disposition to Issuer
Stock Option (right to buy)
2011-04-27$0.21/sh−18,614$3,909→ 0 totalExercise: $5.89Exp: 2018-06-07→ Common Stock (18,614 underlying) - Disposition to Issuer
Stock Option (right to buy)
2011-04-27$3.35/sh−25,000$83,750→ 0 totalExercise: $2.75Exp: 2011-05-01→ Common Stock (25,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2011-04-27$0.19/sh−15,000$2,850→ 0 totalExercise: $5.91Exp: 2015-05-02→ Common Stock (15,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2011-04-27$2.76/sh−30,000$82,800→ 0 totalExercise: $3.34Exp: 2013-01-01→ Common Stock (30,000 underlying) - Disposition to Issuer
Common Stock
2011-04-27−71,135→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2011-04-27$2.76/sh−20,000$55,200→ 0 totalExercise: $3.34Exp: 2011-06-02→ Common Stock (20,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2011-04-27$0.19/sh−10,000$1,900→ 0 totalExercise: $5.91Exp: 2013-05-02→ Common Stock (10,000 underlying)
Footnotes (8)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated as of November 21, 2010, by and among Novell, Inc. ("Novell"), Attachmate Corporation and Longview Software Acquisition Corp. (the "Merger Agreement") in exchange for a cash payment of $6.10 per share (the "Merger Consideration") on the effective date of the merger.
- [F2]Pursuant to the Merger Agreement, this option, which provided for vesting in four equal installments beginning on January 1, 2004, was canceled in exchange for a cash payment of $82,800, representing the product obtained by multiplying (i) the excess of the Merger Consideration over the exercise price per share of such option, by (ii) the number of shares issuable upon exercise of such option.
- [F3]Pursuant to the Merger Agreement, this option, which provided for vesting in two equal installments beginning on May 1, 2004, was canceled in exchange for a cash payment of $83,750, representing the product obtained by multiplying (i) the excess of the Merger Consideration over the exercise price per share of such option, by (ii) the number of shares issuable upon exercise of such option.
- [F4]Pursuant to the Merger Agreement, this option, which provided for vesting in four equal installments beginning on June 2, 2004, was canceled in exchange for a cash payment of $55,200, representing the product obtained by multiplying (i) the excess of the Merger Consideration over the exercise price per share of such option, by (ii) the number of shares issuable upon exercise of such option.
- [F5]Pursuant to the Merger Agreement, this option, which provided for vesting in two equal installments beginning on May 1, 2006, was canceled in exchange for a cash payment of $2,850, representing the product obtained by multiplying (i) the excess of the Merger Consideration over the exercise price per share of such option, by (ii) the number of shares issuable upon exercise of such option.
- [F6]Pursuant to the Merger Agreement, this option, which provided for vesting in two equal installments beginning on May 1, 2006, was canceled in exchange for a cash payment of $1,900, representing the product obtained by multiplying (i) the excess of the Merger Consideration over the exercise price per share of such option, by (ii) the number of shares issuable upon exercise of such option.
- [F7]Pursuant to the Merger Agreement, this option, which provided for vesting in two equal installments beginning on April 7, 2010, was canceled in exchange for a cash payment of $55,572.66, representing the product obtained by multiplying (i) the excess of the Merger Consideration over the exercise price per share of such option, by (ii) the number of shares issuable upon exercise of such option.
- [F8]Pursuant to the Merger Agreement, this option, which provided for 100% vesting on earlier to occur of (i) the first anniversary of the Grant Date, or (ii) the business day immediately prior to the date of the next annual meeting of stockholders following the Grant Date, was canceled in exchange for a cash payment of $3,908.94, representing the product obtained by multiplying (i) the excess of the Merger Consideration over the exercise price per share of such option, by (ii) the number of shares issuable upon exercise of such option.