ADVENT SOFTWARE INC /DE/ 4
4 · ADVENT SOFTWARE INC /DE/ · Filed Jul 10, 2015
Insider Transaction Report
Form 4
HIRJI ASIFF S
Director
Transactions
- Disposition to Issuer
Common Stock
2015-07-08$44.25/sh−1,159$51,286→ 5,314 total - Disposition to Issuer
Stock Appreciation Rights
2015-07-08$30.20/sh−14,875$449,225→ 0 totalExercise: $14.05From: 2012-09-14Exp: 2021-09-14→ Common Stock (14,875 underlying) - Disposition to Issuer
Stock Appreciation Rights
2015-07-08$15.24/sh−9,138$139,263→ 0 totalExercise: $29.01From: 2015-05-07Exp: 2024-05-07→ Common Stock (9,138 underlying) - Disposition to Issuer
Common Stock
2015-07-08$44.25/sh−5,314$235,145→ 0 total - Disposition to Issuer
Stock Appreciation Rights
2015-07-08$26.45/sh−8,470$224,032→ 0 totalExercise: $17.80From: 2013-05-09Exp: 2022-05-09→ Common Stock (8,470 underlying) - Disposition to Issuer
Stock Appreciation Rights
2015-07-08$23.19/sh−9,814$227,587→ 0 totalExercise: $21.06From: 2014-05-09Exp: 2023-05-09→ Common Stock (9,814 underlying)
Footnotes (6)
- [F1]Consists of vested restricted stock units that were disposed of pursuant to the terms of the Merger Agreement by and among the Company, SS&C Technologies Holdings, Inc. and Arbor Acquisition Corporation in exchange for a cash payment of $44.25 per share on the effective date of the merger. The awards fully vested on the effective date of the merger per the terms of the award agreement.
- [F2]Disposed of pursuant to the terms of the Merger Agreement in exchange for a cash payment of $44.25 per share on the effective date of the merger.
- [F3]Represents vested stock appreciation rights that were disposed of pursuant to the Merger Agreement in exchange for a cash payment of $449,225, representing the aggregate difference between the exercise price of the stock appreciation right and the merger consideration of $44.25 per share. The awards fully vested on the effective date of the merger per the terms of the award agreement.
- [F4]Represents vested stock appreciation rights that were disposed of pursuant to the Merger Agreement in exchange for a cash payment of $224,032, representing the aggregate difference between the exercise price of the stock appreciation right and the merger consideration of $44.25 per share.
- [F5]Represents vested stock appreciation rights that were disposed of pursuant to the Merger Agreement in exchange for a cash payment of $227,587, representing the aggregate difference between the exercise price of the stock appreciation right and the merger consideration of $44.25 per share.
- [F6]Represents vested stock appreciation rights that were disposed of pursuant to the Merger Agreement in exchange for a cash payment of $139,263, representing the aggregate difference between the exercise price of the stock appreciation right and the merger consideration of $44.25 per share.