AURIEMMA SAM M 4
4 · MSC SOFTWARE CORP · Filed Oct 14, 2009
Insider Transaction Report
Form 4
AURIEMMA SAM M
Exec. VP, CFO
Transactions
- Disposition to Issuer
Restricted Stock Unit
2009-10-13$8.40/sh−90,000$756,000→ 0 totalExp: 2012-03-28→ Common Stock (90,000 underlying) - Disposition to Issuer
Common Stock
2009-10-13$8.40/sh−8,471$71,156→ 0 total - Disposition to Issuer
Restricted Stock Unit
2009-10-13$8.40/sh−20,000$168,000→ 0 totalFrom: 2009-02-26Exp: 2011-02-26→ Common Stock (20,000 underlying)
Footnotes (4)
- [F1]Disposed of pursuant to merger agreement between issuer, Maximus Holdings Inc. (a corporation controlled by Symphony Technology Group) and Maximus Inc. (a wholly-owned subsidiary of Maximus Holdings Inc.) the ("MA") in exchange for a cash payment of $8.40 per share ("Merger Price").
- [F2]1 for 1
- [F3]Remainder of 2/26/08 RSU grant of 30,000 shares that vested in 3 annual increments beginning 2/26/09. Cancelled pursuant to the MA in exchange for a cash payment of $8.40 per share or $168,000.00 (gross before taxes/other withholdings).
- [F4]3/28/09 RSU grant of 90,000 shares that vested in 3 annual increments beginning 3/28/10. Cancelled pursuant to the MA in exchange for a cash payment of $8.40 per share or $756,000.00 (gross before taxes/other withholdings).