RESPONSYS INC 4
4 · RESPONSYS INC · Filed Feb 7, 2014
Insider Transaction Report
Form 4
RESPONSYS INCMKTG
SCHUH MICHAEL N
Director10% Owner
Transactions
- Exercise/Conversion
Restricted Stock Units
2014-02-06−12,770→ 0 total→ Common Stock (12,770 underlying) - Exercise/Conversion
Common Stock
2014-02-06+12,770→ 12,770 total - Disposition from Tender
Common Stock
2014-02-06$27.00/sh−369,354$9,972,558→ 0 total(indirect: By Trust) - Disposition to Issuer
Common Stock
2014-02-06$27.00/sh−12,770$344,790→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2014-02-06−12,500→ 0 totalExercise: $12.00Exp: 2021-04-20→ Common Stock (12,500 underlying)
Footnotes (6)
- [F1]Disposed of pursuant to the closing on February 6, 2014 of a cash tender offer by Raptor Oak Acquisition Corporation, a Delaware corporation ("Purchaser"), which is a wholly-owned subsidiary of OC Acquisition LLC, a Delaware limited liability company ("Parent"), which is a wholly-owned subsidiary of Oracle Corporation, a Delaware Corporation ("Oracle").
- [F2]Shares held by Michael N. Schuh as trustee of the Michael N. and Mary G. Schuh 1990 Family Trust.
- [F3]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- [F4]Disposed of pursuant to the Agreement and Plan of Merger, dated as of December 20, 2013 ("Merger Agreement"), by and among the Issuer, Purchaser, Parent, and Oracle ("Merger").
- [F5]The restricted stock unit award, which fully vests on May 29, 2014, was accelerated pursuant to the terms of the Issuer's 2011 Equity Incentive Plan ("Plan") in connection with the Merger.
- [F6]The equity award, which is 100% vested and immediately exercisable, was assumed by Oracle in the Merger and converted in accordance with the exchange ratio as set forth in the Merger Agreement.