4//SEC Filing
BMC SOFTWARE INC 4
Accession 0001127602-13-020239
CIK 0000835729operating
Filed
Jun 11, 8:00 PM ET
Accepted
Jun 12, 7:35 PM ET
Size
18.8 KB
Accession
0001127602-13-020239
Insider Transaction Report
Form 4
Miller William D
Sr VP-Pres Mainframe Svc Mgmt
Transactions
- Sale
Common Stock
2013-06-11$45.17/sh−17,292$781,097→ 47,185 total - Tax Payment
Common Stock
2013-06-10$45.20/sh−600$27,120→ 63,877 total - Sale
Common Stock
2013-06-11$45.14/sh−7,177$323,963→ 57,300 total - Exercise/Conversion
Common Stock
2013-06-10$45.20/sh+1,428$64,546→ 64,477 total - Disposition to Issuer
Performance-based Market Stock Units
2013-06-10−5,067→ 7,924 total→ Common Stock (5,067 underlying) - Exercise/Conversion
Employee Stock Option (Right to Buy)
2013-06-11−17,292→ 0 totalExercise: $32.15Exp: 2013-06-15→ Common Stock (17,292 underlying) - Exercise/Conversion
Common Stock
2013-06-11$32.15/sh+17,292$555,851→ 81,069 total - Exercise/Conversion
Performance-based Market Stock Units
2013-06-10−1,428→ 6,496 total→ Common Stock (1,428 underlying)
Footnotes (7)
- [F1]The sales reported in this Form 4 were effected pursuant to Rule 10b5-1 trading plan adopted by the reporting person on March 6, 2012.
- [F2]This transaction was executed in multiple trades at prices ranging from $45.10 to $45.20. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F3]This transaction was executed in multiple trades at prices ranging from $45.11 to $45.17. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F4]Due to vesting of Performance-based Market Stock Unit ("MSU") awarded 6/6/2011, shares were withheld for payment of required tax withholding obligaton pursuant to an exempt (under Rule 16b-3(e)) disposition to the Company.
- [F5]Each performance-based market stock unit (MSU) represents the right to receive, following vesting, up to 150% of one share of BMC common stock. The actual number of shares of BMC common stock acquired upon vesting of the performance-based MSUs can range from 0% to 150% of the number of MSUs awarded and is contingent upon the achievement of pre-established performance metrics, as approved by BMC's Compensation Committee. One half of the performance-based MSUs are subject to vesting two years after the award date, and one half are subject to vesting three years after the award date.
- [F6]Unless earlier forfeited under the terms of the performance-based MSU award agreement, each performance-based MSU converts into up to 150% of one share of BMC common stock based upon performance vesting. One half of the performance-based MSUs will vest based upon performance over a two year period ending two years after the award date, and one half of the performance-based MSUs will vest based upon performance over a three year period ending three years after the award date.
- [F7]The stock options shall vest monthly over four years.
Documents
Issuer
BMC SOFTWARE INC
CIK 0000835729
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000835729
Filing Metadata
- Form type
- 4
- Filed
- Jun 11, 8:00 PM ET
- Accepted
- Jun 12, 7:35 PM ET
- Size
- 18.8 KB