4//SEC Filing
Balmforth Colin 4
Accession 0001179110-10-012653
CIK 0001344632other
Filed
Aug 12, 8:00 PM ET
Accepted
Aug 13, 4:45 PM ET
Size
8.9 KB
Accession
0001179110-10-012653
Insider Transaction Report
Form 4
Balmforth Colin
EVP Support & Delivery
Transactions
- Award
Restricted Stock Units
2010-08-11+34,800→ 34,800 totalExercise: $0.00→ Common Stock (34,800 underlying) - Award
Option - Right to buy
2010-08-11+88,400→ 88,400 totalExercise: $7.27From: 2011-08-11Exp: 2017-08-11→ Common Stock (88,400 underlying)
Footnotes (2)
- [F1]Exempt grant under Rule 16b-3 of option pursuant to the 2001 Stock Incentive Plan. The exercise price per share is the closing price per share on NASDAQ on the date of grant (August 11, 2010). The nonqualified stock options have a 7 year term (subject to earlier termination upon certain events) and vest 25% on August 11, 2011 and 6.25% each calendar quarter commencing October 1, 2011 (subject to acceleration upon certain events).
- [F2]Exempt grant under Rule 16b-3 pursuant to the 2001 Stock Incentive Plan. The restricted stock units vest as follows if the following performance targets are achieved during fiscal (FY) 2011, 2012 and 2013 (subject to acceleration upon certain events): (a) 6.25% vest if the non-GAAP total revenue target is achieved for FY11; (b) 18.75% vest if the non-GAAP annual earnings per fully diluted share (EPS) target is achieved for FY11; (c) 6.25% vest if the non-GAAP total revenue target is achieved for FY12; (d) 18.75% vest if the non-GAAP annual EPS target is achieved for FY12; (e) 12.5% vest if the non-GAAP total revenue target is achieved for FY13; and (f) 37.5% vest if the non-GAAP annual EPS target is achieved for FY13.
Documents
Issuer
Lawson Software, Inc.
CIK 0001344632
Entity typeother
Related Parties
1- filerCIK 0001417215
Filing Metadata
- Form type
- 4
- Filed
- Aug 12, 8:00 PM ET
- Accepted
- Aug 13, 4:45 PM ET
- Size
- 8.9 KB