REUSING TIMOTHY 4
4 · ON2 TECHNOLOGIES, INC. · Filed Mar 11, 2010
Insider Transaction Report
Form 4
REUSING TIMOTHY
General Counsel, Exec VP
Transactions
- Exercise/Conversion
Stock Option (right to buy) 2008/09/18
2010-02-19−83,334→ 0 totalExercise: $0.42Exp: 2018-09-18→ Common Stock (83,334 underlying) - Exercise/Conversion
Common Stock
2010-02-19$0.42/sh+83,334$35,000→ 460,630 total - Disposition to Issuer
Common Stock
2010-02-19−410,000→ 0 total - Tax Payment
Common Stock
2010-02-19$0.69/sh−50,630$34,935→ 410,000 total
Footnotes (5)
- [F1]These shares were issued to the Reporting Person upon the exercise of stock options previously granted to the Reporting Person.
- [F2]These shares were relinquished to the issuer in payment of the exercise of stock options disclosed in Table 1.
- [F3]Disposed of pursuant to the terms of the Amendment No. 1 to Agreement and Plan of Merger, dated as of January 7, 2010 between the issuer, Google Inc., Oxide Inc., and Oxide LLC (the "Amended Merger Agreement") in exchange for the right to receive a combination of (a) $0.15 in cash, (b) 0.0010 of a share of Google Class A common stock and (c) cash payable in lieu of any fractional shares of Google Class A common stock (the "Merger Consideration") for each share of the issuer's common stock. Upon the closing of the merger on February 19, 2010 (the "Effective Date"), the Reporting Person received Merger Consideration in the amount of $61,500.00 in cash and 410 shares of Google Class A common stock.
- [F4]Reflects the exercise of stock options previously granted to the Reporting Person.
- [F5]Pursuant to the terms of the Amended Merger Agreement, the stock options became fully vested on the Effective Date.