Home/Filings/4/0001179110-10-013922
4//SEC Filing

HYSLOP E KELLY 4

Accession 0001179110-10-013922

CIK 0000934868other

Filed

Sep 16, 8:00 PM ET

Accepted

Sep 17, 9:44 AM ET

Size

19.2 KB

Accession

0001179110-10-013922

Insider Transaction Report

Form 4
Period: 2010-09-15
Transactions
  • Disposition to Issuer

    Stock Option (right to buy)

    2010-09-15$0.47/sh40,000$18,8000 total
    Exercise: $0.68Exp: 2010-11-14Common Stock (40,000 underlying)
  • Disposition to Issuer

    Stock Options (right to buy)

    2010-09-15$0.78/sh40,000$31,2000 total
    Exercise: $0.37Exp: 2012-02-26Common Stock (40,000 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2010-09-15$0.83/sh50,000$41,5000 total
    Exercise: $0.32Exp: 2018-11-18Common Stock (50,000 underlying)
  • Disposition to Issuer

    Common Stock

    2010-09-15$1.15/sh359,494$413,4180 total
  • Disposition to Issuer

    Stock Option (right to buy)

    2010-09-15$0.50/sh50,000$25,0000 total
    Exercise: $0.65Exp: 2019-11-17Common Stock (50,000 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2010-09-15$0.88/sh10,000$8,8000 total
    Exercise: $0.27Exp: 2013-10-02Common Stock (10,000 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2010-09-15$0.40/sh20,000$8,0000 total
    Exercise: $0.75Exp: 2015-11-22Common Stock (20,000 underlying)
Footnotes (7)
  • [F1]Disposed of pursuant to merger agreement between Proginet and Tibco Software Inc. in exchange for cash consideration of $1.15 per share.
  • [F2]This option, which provided for vesting in two equal semi annual installments beginning on May 1, 2001, was canceled in the merger in exchange for cash consideration per share representing the difference between the exercise price of the option and the $1.15 per share cash consideration.
  • [F3]This option, which provided for vesting in four equal quarterly installments, commencing on February 26, 2002, was canceled in the merger in exchange for cash consideration per share representing the difference between the exercise price of the option and the $1.15 per share cash consideration.
  • [F4]This option, which provided for vesting in four equal quarterly installments, commencing on October 2, 2003, was canceled in the merger in exchange for cash consideration per share representing the difference between the exercise price of the option and the $1.15 per share cash consideration.
  • [F5]This option, which was fully vested on November 22, 2005, was canceled in the merger in exchange for cash consideration per share representing the difference between the exercise price of the option and the $1.15 per share cash consideration.
  • [F6]This option, which provided for vesting in four equal quarterly installments, commencing on November 18, 2008, was canceled in the merger in exchange for cash consideration per share representing the difference between the exercise price of the option and the $1.15 per share cash consideration.
  • [F7]This option, which provided for vesting in four equal quarterly installments, commencing on November 17, 2009, was canceled in the merger in exchange for cash consideration per share representing the difference between the exercise price of the option and the $1.15 per share cash consideration.

Issuer

PROGINET CORP

CIK 0000934868

Entity typeother

Related Parties

1
  • filerCIK 0001302358

Filing Metadata

Form type
4
Filed
Sep 16, 8:00 PM ET
Accepted
Sep 17, 9:44 AM ET
Size
19.2 KB