Lewis William Douglas 4
4 · SoftBrands, Inc. · Filed Aug 17, 2009
Insider Transaction Report
Form 4
Lewis William Douglas
Director
Transactions
- Disposition to Issuer
Stock Appreciation Right
2009-08-13−10,000→ 0 totalExercise: $2.13Exp: 2012-07-31→ Common Stock (10,000 underlying) - Disposition to Issuer
Stock Appreciation Right
2009-08-13−15,000→ 0 totalExercise: $1.00Exp: 2013-07-31→ Common Stock (15,000 underlying) - Disposition to Issuer
Common Stock
2009-08-13$0.92/sh−17,999$16,559→ 0 total - Disposition to Issuer
Stock Appreciation Right
2009-08-13−5,000→ 0 totalExercise: $1.90Exp: 2012-10-01→ Common Stock (5,000 underlying) - Disposition to Issuer
Director Stock Option
2009-08-13−50,000→ 0 totalExercise: $1.90Exp: 2012-05-11→ Common Stock (50,000 underlying) - Disposition to Issuer
Stock Appreciation Right
2009-08-13−10,000→ 0 totalExercise: $1.75Exp: 2011-07-31→ Common Stock (10,000 underlying)
Footnotes (3)
- [F1]Disposed of pursuant to a merger agreement between the issuer, Steel Holdings, Inc. and its wholly owned subsidiary in consideration of the common stock merger consideration, and includes 2,334 restricted stock units that were accelerated and cancelled in the merger in exchange for the right to receive the common stock merger consideration price of $0.92 for each share subject to issuance upon settlement of such stock-based award.
- [F2]This option was cancelled for no value in connection with the merger.
- [F3]This stock appreciation right was cancelled for no value in connection with the merger.