Mehta Amish 4
4 · COREL CORP · Filed Jan 27, 2010
Insider Transaction Report
Form 4
COREL CORPCREL
Mehta Amish
Director
Transactions
- Disposition to Issuer
Stock Option
2010-01-26−12,809→ 0 totalExercise: $15.69Exp: 2016-01-18→ Common Stock (12,809 underlying) - Disposition to Issuer
Stock Option
2010-01-26−15,000→ 0 totalExercise: $13.03Exp: 2017-04-24→ Common Stock (15,000 underlying)
Footnotes (3)
- [F1]The options were cancelled by Corel Corporation in connection with the consolidation of its outstanding shares. Because the strike price was greater than the U.S. $4.00 per share price paid to the shareholders in the consolidation, Mr. Mehta did not receive any payment in connection with the cancellation of the options.
- [F2]Options vest over 4 years, beginning on 1/19/06, with 25% vesting 1 year after the grant and quarterly vesting thereafter.
- [F3]Options vest over 4 years, beginning on 04/24/07, with 25% vesting 1 year after the grant and quarterly vesting thereafter.