PRECISE SOFTWARE SOLUTIONS LTD 4
4 · PRECISE SOFTWARE SOLUTIONS LTD · Filed Jul 3, 2003
Insider Transaction Report
Form 4
No transactions or holdings reported in this filing.
Footnotes (8)
- [F1]Disposed of pursuant to an agreement and plan of merger between the issuer and VERITAS Software Corporation ("VERITAS") pursuant to which each ordinary share of issuer was exchanged for $12.375 in cash and 0.2365 shares of VERITAS common stock. VERITAS' common stock closed at a price of $28.57 on the Nasdaq National Market on the effective date of the merger.
- [F2]Represents the balance of shares held by The Shimon Alon Remainder Trust - 2000. Mr. Alon disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein.
- [F3]Represents the balance of shares held by The Shimon Alon Qualified Annuity Trust - 2002. Mr. Alon disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein.
- [F4]All of the shares not previously exercisable under this option became exercisable in full in connection with the merger.
- [F5]This option was assumed by VERITAS in the merger and replaced with an option to purchase 67,408 shares of VERITAS common stock at a price of $1.54 per share.
- [F6]This option was assumed by VERITAS in the merger and replaced with an option to purchase 134,816 shares of VERITAS common stock at a price of $2.23 per share.
- [F7]This option was assumed by VERITAS in the merger and replaced with an option to purchase 178,633 shares of VERITAS stock at a price of $22.16 per share.
- [F8]This option was assumed by VERITAS in the merger and replaced with an option to purchase 202,226 shares of VERITAS stock at an exercise price of $25.39.