VanDerBosch Karen L 4
4 · MAKEMUSIC, INC. · Filed Mar 2, 2012
Insider Transaction Report
Form 4
MAKEMUSIC, INC.MMUS
VanDerBosch Karen L
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2012-03-02+1,112→ 24,780 total - Exercise/Conversion
Restricted Common Stock
2012-03-02−1,112→ 0 total→ Common Stock (1,112 underlying)
Holdings
- 40,000
Stock Option (Right to Buy)
Exercise: $4.56Exp: 2017-01-31→ Common Stock (40,000 underlying) - 30,000
Stock Option (Right to Buy)
Exercise: $6.14Exp: 2013-12-07→ Common Stock (30,000 underlying) - 20,000
Stock Option (Right to buy)
Exercise: $10.15Exp: 2015-01-02→ Common Stock (20,000 underlying) - 15,000
Stock Option (Right to Buy)
Exercise: $3.50Exp: 2016-01-07→ Common Stock (15,000 underlying) - 25,000
Stock Option (Right to Buy)
Exercise: $5.00Exp: 2017-11-29→ Common Stock (25,000 underlying)
Footnotes (6)
- [F1]The Company's Compensation Committee determined that the award previously granted to the Reporting Person on May 21, 2008, upon achievement of performance criteria, would cease to represent Restricted Stock Units and changed the award to a grant of the same number of shares of Restricted Common Stock. The Restricted Common Stock is subject to risks of forfeiture that lapse on the same dates as the Restricted Stock Units would have vested.
- [F2]100 % exercisable
- [F3]312 shares shall become exercisable on the last day of each month from January 31, 2009, through November 30, 2013, and 336 shares on December 31, 2013.
- [F4]833 shares shall become exercisable on the last day of each month from February 28, 2010, through December 31, 2013, and 849 shares shall vest on January 31, 2014.
- [F5]520 shares shall become exercisable on the last day of each month from November 30, 2010, through September 30, 2014, and 560 shares on October 31, 2014.
- [F6]Risks of forfeiture lapse as to 1,112 Restricted Common Stock on March 2, 2012.