Tolkmit Guenther 4
4 · Lawson Software, Inc. · Filed Aug 17, 2010
Insider Transaction Report
Form 4
Tolkmit Guenther
Senior Vice President
Transactions
- Exercise/Conversion
Resticted Stock Units
2010-08-13−11,527→ 0 totalExercise: $0.00From: 2010-08-13Exp: 2010-09-13→ Common Stock (11,527 underlying) - Tax Payment
Restricted Stock Units
2010-08-13−8,348→ 11,527 totalExercise: $0.00From: 2010-08-13Exp: 2010-09-13→ Common Stock (8,348 underlying) - Award
Common Stock
2010-08-13$7.40/sh+11,527$85,300→ 32,527 total
Footnotes (2)
- [F1]Includes 20,000 shares of restricted stock.
- [F2]On August 13, 2009 Lawson granted to the reporting person 19,875 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 19,875 RSUs vested under the terms of those grants. On August 13, 2010, 8,348 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 11,527 RSUs were converted into 11,527 shares of Lawson common stock and delivered to the reporting person, in an exempt transaction under Rule 16b-3.