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4//SEC Filing

Balmforth Colin 4

Accession 0001179110-10-012785

CIK 0001344632other

Filed

Aug 16, 8:00 PM ET

Accepted

Aug 17, 4:27 PM ET

Size

9.8 KB

Accession

0001179110-10-012785

Insider Transaction Report

Form 4
Period: 2010-08-13
Balmforth Colin
EVP Support & Delivery
Transactions
  • Award

    Common Stock

    2010-08-13$7.40/sh+7,571$56,02532,571 total
  • Tax Payment

    Restricted Stock Units

    2010-08-133,6797,571 total
    Exercise: $0.00From: 2010-08-13Exp: 2010-09-13Common Stock (3,679 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    2010-08-137,5710 total
    Exercise: $0.00From: 2010-08-13Exp: 2010-09-13Common Stock (7,571 underlying)
Footnotes (2)
  • [F1]Includes 25,000 shares of restricted stock.
  • [F2]On August 13, 2009 Lawson granted to the reporting person 11,250 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 August 13, 2010 all 11,250 RSUs vested under the terms of those grants. On August 13, 2010, 3,679 of the RSUs were withheld by Lawson to pay the minimum tax withholdings based on the closing price of $7.40 per share on August 13, 2010, and the remaining 7,571 RSUs were converted into 7,571 shares of Lawson common stock and delivered to the reporting person, in an exempt transaction under Rule 16b-3.

Issuer

Lawson Software, Inc.

CIK 0001344632

Entity typeother

Related Parties

1
  • filerCIK 0001417215

Filing Metadata

Form type
4
Filed
Aug 16, 8:00 PM ET
Accepted
Aug 17, 4:27 PM ET
Size
9.8 KB