4//SEC Filing
BMC SOFTWARE INC 4
Accession 0001127602-13-020244
CIK 0000835729operating
Filed
Jun 11, 8:00 PM ET
Accepted
Jun 12, 8:27 PM ET
Size
9.5 KB
Accession
0001127602-13-020244
Insider Transaction Report
Form 4
Bergdoll Edwin Brian
Sr VP of Sales
Transactions
- Sale
Common Stock
2013-06-11$45.15/sh−4,581$206,832→ 27,050 total - Disposition to Issuer
Performance-based Market Stock Units
2013-06-10−2,213→ 3,460 total→ Common Stock (2,213 underlying) - Tax Payment
Common Stock
2013-06-10$45.20/sh−262$11,842→ 31,631 total
Footnotes (4)
- [F1]Due to vesting of Performance-based Market Stock Unit ("MSU") awarded 6/6/2011, shares were withheld for payment of required tax withholding obligation pursuant to an exempt (under Rule 16b-3(e)) disposition to the Company.
- [F2]The sales reported in this Form 4 were effected pursuant to Rule 10b5-1 trading plan adopted by the reporting person on February 20, 2013.
- [F3]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; provided, that any unvested MSUs after two years rollover and are eligible to vest after three years.
- [F4]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.
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, 8:27 PM ET
- Size
- 9.5 KB