4//SEC Filing
BICHARA AXEL 4
Accession 0001072613-10-000780
CIK 0001050180other
Filed
Aug 15, 8:00 PM ET
Accepted
Aug 16, 9:16 AM ET
Size
9.9 KB
Accession
0001072613-10-000780
Insider Transaction Report
Form 4
BICHARA AXEL
Director
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2010-08-11−50,000→ 0 totalExercise: $6.30Exp: 2015-02-16→ Common Stock (50,000 underlying) - Disposition to Issuer
Common Stock
2010-08-11−11,196→ 0 total - Disposition to Issuer
Common Stock
2010-08-11−9,365→ 0 total(indirect: See Footnotes)
Footnotes (5)
- [F1]This figure includes shares that were received by Mr. Bichara in his capacity as a partner of Atlas Venture Associates III, L.P.
- [F2]These shares were acquired by Mr. Bichara, a director of the issuer. The proceeds of any sale of shares acquired by Mr. Bichara will be transferred to Atlas Venture Advisors, Inc. ("Atlas Advisors") and therefore Mr. Bichara disclaims any beneficial ownership of such shares, which belong to Atlas Advisors.
- [F3]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.
- [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.
Documents
Issuer
Phase Forward Inc
CIK 0001050180
Entity typeother
Related Parties
1- filerCIK 0001184390
Filing Metadata
- Form type
- 4
- Filed
- Aug 15, 8:00 PM ET
- Accepted
- Aug 16, 9:16 AM ET
- Size
- 9.9 KB