Comport Jeffrey 4
4 · Lawson Software, Inc. · Filed Nov 17, 2009
Insider Transaction Report
Form 4
Comport Jeffrey
SVP - Product Management
Transactions
- Award
option - right to buy
2009-11-15+60,000→ 60,000 totalExercise: $6.71From: 2010-11-15Exp: 2016-11-15→ common stock (60,000 underlying) - Award
restricted stock units
2009-11-15+20,000→ 20,000 totalExercise: $0.00→ common stock (20,000 underlying)
Holdings
- 0
Common Stock
Footnotes (2)
- [F1]Exempt award under Rule 16b-3 pursuant to 2001 Stock Incentive Plan. The exercise price per share is the closing price per share on NASDAQ on the date of grant (November 13, 2009 because the grant date was on a Sunday). The nonqualified stock options have a 7 year term (subject to earlier termination or acceleration upon certain events) and vest 25% on November 15, 2010 and 6.25% each quarter commencing February 15, 2011 (subject to acceleration upon certain events).
- [F2]Exempt award under Rule 16b-3 pursuant to 2001 Stock Incentive Plan. The restricted stock vests 100% on November 15, 2012, subject to earlier termination or acceleration upon certain events.