Home/Filings/4/0000898430-07-002924
4//SEC Filing

QUADRAMED CORP 4

Accession 0000898430-07-002924

CIK 0001018833operating

Filed

Aug 15, 8:00 PM ET

Accepted

Aug 16, 4:16 PM ET

Size

5.7 KB

Accession

0000898430-07-002924

Insider Transaction Report

Form 4
Period: 2007-08-14
Klein James R
EVP - Product Mgmt. and CTO
Transactions
  • Sale

    Common Stock

    2007-08-14$2.50/sh35,000$87,500465,000 total
Footnotes (2)
  • [F1]Mr. Klein received 100,000 shares of restricted stock on August 1, 2005 pursuant to a Restricted Stock Agreement with QuadraMed Corporation (the "Agreement"). In accordance with the Agreement, the contractual restrictions on the transfer of these 100,000 shares lapse on the following schedule: (i) 35,000 on August 1, 2006; (ii) 35,000 on August 1, 2007; and (iii) 30,000 on August 1, 2008. Each such lapsing of contractual restrictions triggers an immediate tax obligation for Mr. Klein. Mr. Klein sold the shares reflected on this Form 4 to satisfy the tax liability resulting from the lapse of contractual restrictions as to such shares.
  • [F2]400,000 of such shares of common stock are issuable upon the exercise of options.

Issuer

QUADRAMED CORP

CIK 0001018833

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001018833

Filing Metadata

Form type
4
Filed
Aug 15, 8:00 PM ET
Accepted
Aug 16, 4:16 PM ET
Size
5.7 KB