Home/Filings/4/0000853273-05-000021
4//SEC Filing

HOOPER WILLIAM K 4

Accession 0000853273-05-000021

CIK 0000853273other

Filed

Jun 30, 8:00 PM ET

Accepted

Jul 1, 7:27 PM ET

Size

6.6 KB

Accession

0000853273-05-000021

Insider Transaction Report

Form 4
Period: 2005-07-01
Transactions
  • Award

    Stock Option (Right to Buy)

    2005-07-01$6.88/sh+21,500$147,92021,500 total
    Exercise: $6.88From: 2005-07-01Exp: 2015-07-01Common Stock (21,500 underlying)
Footnotes (1)
  • [F1]Any or all of the shares subject to the option are immediately exercisable however, any unvested shares purchased under the option shall be subject to repurchase by the issuer. The shares subject to the option shall vest, and the issuer's right of repurchase as to the shares shall lapse, in accordance with the following schedule: one-third (1/3) of the shares on the first anniversary of the date of grant, and one-thirty-sixth (1/36) of the shares each month thereafter for the twenty-four (24) months following the first anniversary of the date of grant, such that all of the shares subject to the option shall be vested, and the issuer's right of repurchase shall have fully lapsed, on the third anniversary of the date of grant, assuming the Reporting Person's continuing service on the Board of Directors of the issuer at each vesting date.

Issuer

BORLAND SOFTWARE CORP

CIK 0000853273

Entity typeother

Related Parties

1
  • filerCIK 0001177083

Filing Metadata

Form type
4
Filed
Jun 30, 8:00 PM ET
Accepted
Jul 1, 7:27 PM ET
Size
6.6 KB