4//SEC Filing
Debes Harry 4
Accession 0001179110-10-012817
CIK 0001344632other
Filed
Aug 16, 8:00 PM ET
Accepted
Aug 17, 5:34 PM ET
Size
9.9 KB
Accession
0001179110-10-012817
Insider Transaction Report
Form 4
Debes Harry
DirectorCEO
Transactions
- Exercise/Conversion
Restricted Stock Units
2010-08-13−56,512→ 0 totalExercise: $0.00From: 2010-08-13Exp: 2010-09-13→ Common Stock (56,512 underlying) - Tax Payment
Restricted Stock Units
2010-08-13−42,113→ 56,512 totalExercise: $0.00From: 2010-08-13Exp: 2010-09-13→ Common Stock (42,113 underlying) - Award
Common Stock
2010-08-13$7.40/sh+56,512$418,189→ 378,267 total
Footnotes (2)
- [F1]Includes 125,000 shares of restricted stock. In addition, Mr. Debes holds 50,000 shares indirectly in the Harry Debes Family Foundation.
- [F2]On August 13, 2009 Lawson granted to the reporting person 98,625 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 98,625 RSUs vested under the terms of those grants. On August 13, 2010, 42,113 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 56,512 RSUs were converted into 56,512 shares of Lawson common stock and delivered to the reporting person, in an exempt transaction under Rule 16b-3.
Documents
Issuer
Lawson Software, Inc.
CIK 0001344632
Entity typeother
Related Parties
1- filerCIK 0001329185
Filing Metadata
- Form type
- 4
- Filed
- Aug 16, 8:00 PM ET
- Accepted
- Aug 17, 5:34 PM ET
- Size
- 9.9 KB