Verniaut Eric 4
4 · Lawson Software, Inc. · Filed Jul 20, 2010
Insider Transaction Report
Form 4
Verniaut Eric
Executive Vice President
Transactions
- Tax Payment
Restricted Stock Units
2010-07-16−22,000→ 0 totalExercise: $0.00From: 2010-07-16Exp: 2010-08-16→ Common Stock (22,000 underlying) - Award
Common Stock
2010-07-16$7.63/sh+22,000$167,860→ 97,000 total
Footnotes (2)
- [F1]Includes 75,000 shares of restricted stock.
- [F2]On August 13, 2009 (22,000) Lawson granted to the reporting person 22,000 restricted stock units (RSUs) under the 2001 Stock Incentive Plan in an exempt transaction under Rule 16b-3. The RSUs had no exercise or purchase price. On July 16, 2010 all 22,000 RSUs vested under the terms of those grants and were converted into 22,000 shares of Lawson common stock and delivered to the reporting person, in an exempt transaction under Rule 16b-3.