4//SEC Filing
HAMILTON JUDITH H 4
Accession 0000758004-11-000040
CIK 0000758004other
Filed
Apr 27, 8:00 PM ET
Accepted
Apr 28, 12:26 PM ET
Size
9.9 KB
Accession
0000758004-11-000040
Insider Transaction Report
Form 4
NOVELL INCNOVL
HAMILTON JUDITH H
Director
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2011-04-27$2.21/sh−75,146$166,073→ 0 totalExercise: $3.89Exp: 2017-04-07→ Common Stock (75,146 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
Common Stock
2011-04-27−37,135→ 0 total
Footnotes (3)
- [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 two equal installments beginning on April 7, 2010, was canceled in exchange for a cash payment of $166,072.66, 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.
- [F3]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.
Documents
Issuer
NOVELL INC
CIK 0000758004
Entity typeother
Related Parties
1- filerCIK 0001201002
Filing Metadata
- Form type
- 4
- Filed
- Apr 27, 8:00 PM ET
- Accepted
- Apr 28, 12:26 PM ET
- Size
- 9.9 KB