4//SEC Filing
Young Martin Andrew 4
Accession 0001072613-10-000777
CIK 0001050180other
Filed
Aug 12, 8:00 PM ET
Accepted
Aug 13, 7:26 PM ET
Size
14.3 KB
Accession
0001072613-10-000777
Insider Transaction Report
Form 4
Young Martin Andrew
VP, Corp. Devel. and Marketing
Transactions
- Disposition to Issuer
Common Stock
2010-08-11−43,507→ 34,939 total - Disposition to Issuer
Stock Option (right to buy)
2010-08-11−10,588→ 0 totalExercise: $6.30Exp: 2015-02-16→ Common Stock (10,588 underlying) - Disposition to Issuer
Stock Option (right to buy)
2010-08-11−6,000→ 0 totalExercise: $3.00Exp: 2013-09-12→ Common Stock (6,000 underlying) - Disposition to Issuer
Common Stock
2010-08-11−34,939→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2010-08-11−14,912→ 0 totalExercise: $6.30Exp: 2015-02-16→ Common Stock (14,912 underlying)
Footnotes (6)
- [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]2,088 stock options under this award were fully vested as of the closing of the merger. 8,500 stock options under this award accelerated and became fully vested as of the closing of the merger.
- [F5]This option is fully vested.
- [F6]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.
Documents
Issuer
Phase Forward Inc
CIK 0001050180
Entity typeother
Related Parties
1- filerCIK 0001296505
Filing Metadata
- Form type
- 4
- Filed
- Aug 12, 8:00 PM ET
- Accepted
- Aug 13, 7:26 PM ET
- Size
- 14.3 KB