SUM JACK E 4
4 · SYBASE INC · Filed Jul 28, 2010
Insider Transaction Report
Form 4
SUM JACK E
DirectorDirector
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2010-07-26$65.00/sh−4,232$275,080→ 0 totalExercise: $27.63From: 2009-03-02Exp: 2016-02-02→ Common Stock (4,232 underlying) - Disposition to Issuer
Stock Option (right to buy)
2010-07-26$65.00/sh−3,533$229,645→ 0 totalExercise: $40.83From: 2010-03-09Exp: 2017-02-09→ Common Stock (3,533 underlying) - Disposition to Issuer
Stock Option (right to buy)
2010-07-26$65.00/sh−26,000$1,690,000→ 0 totalExercise: $26.24From: 2007-03-01Exp: 2014-02-01→ Common Stock (26,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2010-07-26$65.00/sh−6,000$390,000→ 0 totalExercise: $21.92From: 2006-03-01Exp: 2013-02-01→ Common Stock (6,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2010-07-26$65.00/sh−26,000$1,690,000→ 0 totalExercise: $28.59From: 2008-03-01Exp: 2015-02-01→ Common Stock (26,000 underlying) - Disposition to Issuer
Common Stock
2010-07-26$65.00/sh−10,242$665,730→ 0 total
Footnotes (2)
- [F1]This amount includes 4,242 shares of restricted stock that were canceled in the merger in exchange for the right to receive the merger consideration ($65 per share).
- [F2]These options, each of which provides for vesting at a rate of 1/48th of the total shares granted under each such option per month, were canceled in the merger in exchange for a cash payment of $2,456,442.45 in the aggregate, representing the difference between the exercise price of the option and the merger consideration for the underlying share of SY common stock ($65 per share), multiplied by the number of shares subject to the option.