NOVELL INC 4

Accession 0000758004-11-000042

CIK 0000758004operating

View on SEC.gov Company Profile

Filed

Apr 27, 8:00 PM ET

Accepted

Apr 28, 12:29 PM ET

Size

45.6 KB

Accession

0000758004-11-000042

Insider Transaction Report

Form 4

Period: 2011-04-27

NOVELL INCNOVL

NOLAN RICHARD L

Director

Transactions

Disposition to Issuer
Stock Option (right to buy)
2011-04-27$2.18/sh−50,000$109,000→ 0 total
Exercise: $3.92Exp: 2011-09-10→ Common Stock (50,000 underlying)
Disposition to Issuer
Stock Option (right to buy)
2011-04-27$2.06/sh−15,000$30,900→ 0 total
Exercise: $4.04Exp: 2012-04-17→ Common Stock (15,000 underlying)
Disposition to Issuer
Stock Option (right to buy)
2011-04-27$3.35/sh−15,000$50,250→ 0 total
Exercise: $2.75Exp: 2013-05-01→ Common Stock (15,000 underlying)
Disposition to Issuer
Stock Option (right to buy)
2011-04-27$2.21/sh−25,146$55,573→ 0 total
Exercise: $3.89Exp: 2017-04-07→ Common Stock (25,146 underlying)
Disposition to Issuer
Common Stock Equivalent
2011-04-27$6.10/sh−888$5,417→ 0 total
→ Common Stock (888 underlying)
Disposition to Issuer
Common Stock Equivalent
2011-04-27$6.10/sh−417$2,544→ 0 total
→ Common Stock (417 underlying)
Disposition to Issuer
Common Stock Equivalent
2011-04-27$6.10/sh−104$634→ 0 total
→ Common Stock (104 underlying)
Disposition to Issuer
Common Stock Equivalent
2011-04-27$6.10/sh−129$787→ 0 total
→ Common Stock (129 underlying)
Disposition to Issuer
Stock Option (right to buy)
2011-04-27$3.35/sh−10,000$33,500→ 0 total
Exercise: $2.75Exp: 2011-05-01→ Common Stock (10,000 underlying)
Disposition to Issuer
Stock Option (right to buy)
2011-04-27$2.76/sh−20,000$55,200→ 0 total
Exercise: $3.34Exp: 2011-06-02→ Common Stock (20,000 underlying)
Disposition to Issuer
Common Stock
2011-04-27−52,084→ 0 total
Disposition to Issuer
Stock Option (right to buy)
2011-04-27$0.21/sh−18,614$3,909→ 0 total
Exercise: $5.89Exp: 2018-06-07→ Common Stock (18,614 underlying)
Disposition to Issuer
Stock Option (right to buy)
2011-04-27$0.19/sh−15,000$2,850→ 0 total
Exercise: $5.91Exp: 2015-05-02→ Common Stock (15,000 underlying)
Disposition to Issuer
Common Stock Equivalent
2011-04-27$6.10/sh−519$3,166→ 0 total
→ Common Stock (519 underlying)
Disposition to Issuer
Stock Option (right to buy)
2011-04-27$0.19/sh−10,000$1,900→ 0 total
Exercise: $5.91Exp: 2013-05-02→ Common Stock (10,000 underlying)
Disposition to Issuer
Common Stock Equivalent
2011-04-27$6.10/sh−438$2,672→ 0 total
→ Common Stock (438 underlying)
Disposition to Issuer
Common Stock Equivalent
2011-04-27$6.10/sh−109$665→ 0 total
→ Common Stock (109 underlying)

Footnotes (18)

[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.
[F10]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.
[F11]Each common stock equivalent ("CSE") is the economic equivalent of one share of Novell common stock.
[F12]Pursuant to the Merger Agreement, this CSE, which according to its terms converts to common stock upon the reporting person's retirement from the Board, was canceled in exchange for a cash payment of $5,416.80, representing the product of the Merger Consideration multiplied by the number of notional shares of Novell common stock subject to such CSE.
[F13]Pursuant to the Merger Agreement, this CSE, which according to its terms converts to common stock upon the reporting person's retirement from the Board, was canceled in exchange for a cash payment of $2,671.80, representing the product of the Merger Consideration multiplied by the number of notional shares of Novell common stock subject to such CSE.
[F14]Pursuant to the Merger Agreement, this match CSE, which vested on August 2, 2007 and which according to its terms converts to common stock upon the reporting person's retirement from the Board, was canceled in exchange for a cash payment of $664.90, representing the product of the Merger Consideration multiplied by the number of notional shares of Novell common stock subject to such CSE.
[F15]Pursuant to the Merger Agreement, this CSE, which according to its terms converts to common stock upon the reporting person's retirement from the Board, was canceled in exchange for a cash payment of $2,543.70, representing the product of the Merger Consideration multiplied by the number of notional shares of Novell common stock subject to such CSE.
[F16]Pursuant to the Merger Agreement, this match CSE, which vested on November 1, 2007 and which according to its terms converts to common stock upon the reporting person's retirement from the Board, was canceled in exchange for a cash payment of $634.40, representing the product of the Merger Consideration multiplied by the number of notional shares of Novell common stock subject to such CSE.
[F17]Pursuant to the Merger Agreement, this CSE, which according to its terms converts to common stock upon the reporting person's retirement from the Board, was canceled in exchange for a cash payment of $3,165.90, representing the product of the Merger Consideration multiplied by the number of notional shares of Novell common stock subject to such CSE.
[F18]Pursuant to the Merger Agreement, this match CSE, which vested on February 1, 2008 and which according to its terms converts to common stock upon the reporting person's retirement from the Board, was canceled in exchange for a cash payment of $786.90, representing the product of the Merger Consideration multiplied by the number of notional shares of Novell common stock subject to such CSE.
[F2]Pursuant to the Merger Agreement, this option, which provided for vesting of 25% on September 10, 2002 and thereafter 6.25% on each quarterly anniversary, was canceled in exchange for a cash payment of $109,000, 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 April 17, 2003, was canceled in exchange for a cash payment of $30,900, 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.
[F4]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 $33,500, 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, 2004, was canceled in exchange for a cash payment of $50,250, 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 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.
[F7]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.
[F8]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.
[F9]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.

Documents

1 file

4
edgar.xmlPrimary
PRIMARY DOCUMENT

Issuer

NOVELL INC

CIK 0000758004

→

Entity typeoperating

IncorporatedDE

Related Parties

filerCIK 0000758004

Filing Metadata

Form type: 4
Filed: Apr 27, 8:00 PM ET
Accepted: Apr 28, 12:29 PM ET
Size: 45.6 KB

View on SEC.gov