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4//SEC Filing

MCPHEETERS BRUCE B 4

Accession 0001179110-10-012816

CIK 0001344632other

Filed

Aug 16, 8:00 PM ET

Accepted

Aug 17, 5:34 PM ET

Size

9.8 KB

Accession

0001179110-10-012816

Insider Transaction Report

Form 4
Period: 2010-08-13
MCPHEETERS BRUCE B
Secretary, Gen Counsel & SVP
Transactions
  • Tax Payment

    Restricted Stock Units

    2010-08-135,6047,521 total
    Exercise: $0.00From: 2010-08-13Exp: 2010-09-13Common Stock (5,604 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    2010-08-137,5210 total
    Exercise: $0.00From: 2010-08-13Exp: 2010-09-13Common stock (7,521 underlying)
  • Award

    Common Stock

    2010-08-13$7.40/sh+7,521$55,655196,281 total
Footnotes (2)
  • [F1]Includes 15,000 shares of restricted stock.
  • [F2]On August 13, 2009 Lawson granted to the reporting person 13,125 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 13,125 RSUs vested under the terms of those grants. On August 13, 2010, 5,604 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 7,521 RSUs were converted into 7,521 shares of Lawson common stock and delivered to the reporting person, in an exempt transaction under Rule 16b-3.for fiscal 2010 if the performance measurement has been met.

Issuer

Lawson Software, Inc.

CIK 0001344632

Entity typeother

Related Parties

1
  • filerCIK 0001205887

Filing Metadata

Form type
4
Filed
Aug 16, 8:00 PM ET
Accepted
Aug 17, 5:34 PM ET
Size
9.8 KB