4//SEC Filing
Poole Russell C. 4
Accession 0000758004-11-000050
CIK 0000758004other
Filed
Apr 27, 8:00 PM ET
Accepted
Apr 28, 12:46 PM ET
Size
10.0 KB
Accession
0000758004-11-000050
Insider Transaction Report
Form 4
NOVELL INCNOVL
Poole Russell C.
Sr. VP, Human Resources
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2011-04-27$0.55/sh−6,250$3,438→ 0 totalExercise: $5.55Exp: 2013-03-30→ Common Stock (6,250 underlying) - Disposition to Issuer
Stock Option (right to buy)
2011-04-27$2.11/sh−112,179$236,698→ 0 totalExercise: $3.99Exp: 2017-12-08→ Common Stock (112,179 underlying) - Disposition to Issuer
Common Stock
2011-04-27−60,241→ 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 of 25% on March 30, 2006 and thereafter 2.0833% on each monthly anniversary, was canceled in exchange for a cash payment of $3,437.50, 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 of 25% on December 8, 2010 and thereafter 2.0833% on each monthly anniversary, was canceled in exchange for a cash payment of $236,697.69, 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 0001476839
Filing Metadata
- Form type
- 4
- Filed
- Apr 27, 8:00 PM ET
- Accepted
- Apr 28, 12:46 PM ET
- Size
- 10.0 KB