BGS SYSTEMS INC 4
4 · BGS SYSTEMS INC · Filed Apr 9, 1998
Insider Transaction Report
Form 4
SCHWENK, JR., HAROLD S.
DirectorPRESIDENT, CEO10% Owner
Transactions
- Other
COMMON STOCK
1998-03-26$1.00/sh−915,967$915,967 - Other
COMMON STOCK
1998-03-26$1.00/sh−182,503$182,503(indirect: By The Schwenk Fam. Remainder Trst) - Other
COMMON STOCK
1998-03-26$1.00/sh−6,470$6,470(indirect: By Spouse) - Other
COMMON STOCK
1998-03-26$1.00/sh−9,180$9,180(indirect: By Self for Daughter) - Other
COMMON STOCK
1998-03-26$1.00/sh−9,180$9,180(indirect: By Self for Daughter) - Other
COMMON STOCK
1998-03-26$1.00/sh−5,100$5,100(indirect: By Spouse) - Other
COMMON STOCK
1998-03-26$1.00/sh−400$400(indirect: By Self for Son) - Other
OPTIONS (RIGHT TO BUY)
1998-03-26−100,000Exercise: $15.88→ COMMON STOCK (100,000 underlying)
Footnotes (2)
- [1]Exchanged for (a) the number of shares of common stock of BMC Software, Inc. ("BMC Common Stock") determined by multiplying the number of shares of the Issuer's common stock in Column 4 by 0.566 (rounding down to the nearest whole integer), having a value of $80.25 per share and (b) an amount of cash determined by multiplying the fractional share of BMC Common Stock from the preceding equation by $80.25, pursuant to a merger of the Issuer into BMC (the "Merger").
- [2]This option was assumed by BMC in the Merger and now represents an option to purchase the number of shares of BMC Common Stock determined by multiplying the number of shares of the Issuer's common stock in Column 7 by 0.566 at an exercise price per share of BMC Common Stock determined by dividing the exercise price per share in Column 2 by 0.566. The exercisability, expiration date and all other terms and conditions of the option remain unchanged.