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4//SEC Filing

Lawson Software, Inc. 4

Accession 0001179110-10-015281

CIK 0001344632operating

Filed

Oct 26, 8:00 PM ET

Accepted

Oct 27, 4:55 PM ET

Size

8.8 KB

Accession

0001179110-10-015281

Insider Transaction Report

Form 4
Period: 2010-10-25
Transactions
  • Award

    option - right to buy

    2010-10-25+19,90019,900 total
    Exercise: $8.83From: 2010-10-25Exp: 2017-10-25common stock (19,900 underlying)
  • Award

    restricted stock units

    2010-10-25+7,8007,800 total
    Exercise: $0.00From: 2010-10-25common stock (7,800 underlying)
Footnotes (2)
  • [F1]Exempt grant under Rule 16b-3 pursuant to 2010 Stock Incentive Plan. The exercise price per share is the closing price per share on NASDAQ on the date of grant (October 25, 2010). The nonqualified stock options are 100% vested as of the date of grant and expire on the earlier of (a) two years after the recipient leaves the Board of Directors or (b) seven years after grant.
  • [F2]Exempt grant under Rule 16b-3 pursuant to 2010 Stock Incentive Plan. The restricted stock units are 100% vested as of the date of grant and convert to shares of common stock upon the earlier of: (a) the date on which the recipient is no longer a member of the Board of Directors, (b) a change in control of Lawson (generally 50% or more change in ownership) or (c) there is an unforeseeable emergency, applicable to the recipient, as determined by the Compensation Committee of the Board of Directors in accordance with Section 1.409A-3(i)(3) of the regulations under Section 409A of the Internal Revenue Code.

Issuer

Lawson Software, Inc.

CIK 0001344632

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001344632

Filing Metadata

Form type
4
Filed
Oct 26, 8:00 PM ET
Accepted
Oct 27, 4:55 PM ET
Size
8.8 KB