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4//SEC Filing

Menard Christopher 4

Accession 0001072613-10-000772

CIK 0001050180other

Filed

Aug 12, 8:00 PM ET

Accepted

Aug 13, 7:23 PM ET

Size

9.7 KB

Accession

0001072613-10-000772

Insider Transaction Report

Form 4
Period: 2010-08-11
Menard Christopher
SVP, CFO, CAO and Treasurer
Transactions
  • Disposition to Issuer

    Common Stock

    2010-08-1148,3090 total
  • Disposition to Issuer

    Stock Option (right to buy)

    2010-08-113,2820 total
    Exercise: $6.53Exp: 2015-05-12Common Stock (3,282 underlying)
  • Disposition to Issuer

    Common Stock

    2010-08-11100,40748,309 total
Footnotes (5)
  • [F1]Pursuant to the Agreement and Plan of Merger between Phase Forward, Oracle Corporation and Pine Acquisition Corporation dated April 15, 2010 (the "Merger Agreement"), each share of Phase Forward common stock will be exchanged for $17.00 in cash, without interest and less any applicable withholding taxes.
  • [F2]Shares are represented by restricted stock units.
  • [F3]Pursuant to the Merger Agreement, each restricted stock unit will be assumed by Oracle and converted into a restricted stock unit for 0.6984 shares of Oracle common stock.
  • [F4]This option is fully vested.
  • [F5]Pursuant to the Merger Agreement, the vested and/or exercisable portion of each Phase Forward stock option will be converted into the right to receive an amount in cash equal to the product of the number of shares issuable upon the exercise of such option and $17.00 minus the exercise price of such option.

Issuer

Phase Forward Inc

CIK 0001050180

Entity typeother

Related Parties

1
  • filerCIK 0001461284

Filing Metadata

Form type
4
Filed
Aug 12, 8:00 PM ET
Accepted
Aug 13, 7:23 PM ET
Size
9.7 KB