CLICK COMMERCE INC 4

4 · CLICK COMMERCE INC · Filed Oct 30, 2006

Form 4

Period: 2006-10-26

DirectorChm & CEO10% Owner

Transactions

Disposition to Issuer
Common Stock
2006-10-26$22.75/sh−2,514,154$57,197,004→ 0 total
Disposition to Issuer
Stock Option (right to buy)
2006-10-26$22.75/sh−50,000$1,137,500→ 0 total
Exercise: $17.28From: 2005-11-10Exp: 2015-05-10→ Common Stock (50,000 underlying)
Disposition to Issuer
Stock Option (right to buy)
2006-10-26$22.75/sh−200,000$4,550,000→ 0 total
Exercise: $1.89From: 2006-01-01Exp: 2013-07-29→ Common Stock (200,000 underlying)
Disposition to Issuer
Stock Option (right to buy)
2006-10-26$22.75/sh−150,000$3,412,500→ 0 total
Exercise: $6.46From: 2006-10-26Exp: 2014-02-27→ Common Stock (150,000 underlying)

Footnotes (2)

[F1]The option was canceled pursuant to the terms of the Agreement and Plan of Merger dated September 5, 2006 between Click Commerce, Inc., ITW Leap Corp and Illinois Tool Works Inc. (the "Merger Agreement") in exchange for a cash payment equal to (i) the excess, if any of (A) $22.75 over (B) the exercise price of the stock option multiplied by (ii) the number of shares of common stock exercisable at the time of the merger.
[F2]The option became fully vested upon consummation of the merger pursuant to the merger agreement.

Documents

1 file