Lawson Software, Inc. 4
4 · Lawson Software, Inc. · Filed Aug 17, 2009
Insider Transaction Report
Form 4
Verniaut Eric
Executive Vice President
Transactions
- Award
restricted stock units
2009-08-13+22,000→ 22,000 totalExercise: $0.00→ common stock (22,000 underlying) - Award
option - right to buy
2009-08-13+99,000→ 99,000 totalExercise: $6.30From: 2010-08-01Exp: 2016-08-13→ common stock (99,000 underlying) - Award
restricted stock units
2009-08-13+11,700→ 11,700 totalExercise: $0.00From: 2012-08-13→ common stock (11,700 underlying)
Footnotes (3)
- [F1]Exempt grant under Rule 16b-3 of option pursuant to 2001 Stock Incentive Plan. The exercise price per share is the closing price per share on NASDAQ on the date of grant (August 13, 2009). The nonqualified stock options have a 7 year term (subject to earlier termination upon certain events) and vest 25% on August 1, 2010 and 6.25% each calendar year quarter commencing October 1, 2010 (subject to acceleration upon certain events).
- [F2]Exempt grant under Rule 16b-3 pursuant to 2001 Stock Incentive Plan. The performance-based restricted stock units vest on the third business day following the public release of Lawson's financial results for fiscal 2010 if the performance measurement has been met.
- [F3]Exempt grant under Rule 16b-3 pursuant to 2001 Stock Incentive Plan. The restricted stock units vest 100% on August 13, 2012, subject to earlier termination or acceleration upon certain events.