MCPHEETERS BRUCE B 4
4 · Lawson Software, Inc. · Filed Nov 3, 2010
Insider Transaction Report
Form 4
MCPHEETERS BRUCE B
Secretary, Gen Counsel & SVP
Transactions
- Tax Payment
Common Stock
2010-11-01$9.00/sh−6,405$57,645→ 99,876 total
Footnotes (1)
- [F1]On November 8, 2007, Lawson granted an award of 15,000 shares of restricted stock to the reporting person under the 2001 Stock Incentive Plan in an exempt transaction under Rule 16b-3. The restricted stock had no exercise or purchase price. On November 1, 2010, all 15,000 shares of restricted stock vested under the terms of that grant. On November 1, 2010, in an exempt transaction under Rule 16b-3 6,405 shares of the restricted stock were withheld by Lawson to pay the minimum tax withholdings based on the closing price of $9.00 per share on November 1, 2010, and the remaining 8,595 shares are no longer subject to these restrictions.