Home/Filings/4/0000914190-09-000293
4//SEC Filing

Raup Ron B 4

Accession 0000914190-09-000293

CIK 0000920707other

Filed

Mar 3, 7:00 PM ET

Accepted

Mar 4, 5:57 PM ET

Size

16.3 KB

Accession

0000914190-09-000293

Insider Transaction Report

Form 4
Period: 2009-03-02
Raup Ron B
DirectorChief Executive Officer
Transactions
  • Exercise/Conversion

    Common Stock

    2009-03-02+1,7978,783 total
  • Disposition to Issuer

    Restricted Stock Units

    2009-03-0213,3507,189 total
    Common Stock (13,350 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    2009-03-021,7975,392 total
    Common Stock (1,797 underlying)
Holdings
  • Stock Option (Right to Buy)

    Exercise: $4.90Exp: 2012-02-02Common Stock (2,664 underlying)
    2,664
  • Stock Option (Right to Buy)

    Exercise: $3.75Exp: 2012-09-05Common Stock (24,000 underlying)
    24,000
  • Stock Option (Right to Buy)

    Exercise: $3.50Exp: 2016-01-07Common Stock (21,000 underlying)
    21,000
  • Stock Option (Right to Buy)

    Exercise: $6.00Exp: 2010-12-31Common Stock (85,000 underlying)
    85,000
Footnotes (7)
  • [F1]Each restricted stock unit represents a right to receive one share of the Company's common stock.
  • [F2]21,250 shares shall become exercisable on each of 12/31/07, 12/31/08 and 12/31/09. 5,312 shares shall become exercisable on each of 1/1/2010 and 4/1/2010, and 5,313 shares shall become exercisable on each of 7/1/2010 and 10/1/2010.
  • [F3]Fully exercisable. Option originally for 4,000 shares; 1,336 unvested shares expired on 9/6/05 due to resignation as a director.
  • [F4]Exercisable: 625 shares on the last day of each month from September 30, 2005 through August 31, 2009.
  • [F5]437 shares shall become exercisable on the last day of each month from January 31, 2009 through November 30, 2013 and 461 shares shall vest on December 31, 2013.
  • [F6]On May 21, 2008, the Company's Compensation Committee granted the reporting person 20,539 restricted stock units, with the earned amount to be based on certain performance criteria for the 2008 fiscal year. Effective March 2, 2009, the Company's Compensation Committee determined that a portion of the performance criteria was met, resulting in the forfeiture of a portion of the restricted stock units.
  • [F7]1,797 restricted stock units vested on 3/2/2009, 1,797 restricted stock units will vest on each of 3/2/2010 and 3/2/2011 and 1,798 restricted stock units will vest on 3/2/2012.

Issuer

MAKEMUSIC, INC.

CIK 0000920707

Entity typeother

Related Parties

1
  • filerCIK 0001303255

Filing Metadata

Form type
4
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 5:57 PM ET
Size
16.3 KB