Balmforth Colin 4
4 · Lawson Software, Inc. · Filed Dec 7, 2010
Insider Transaction Report
Form 4
Balmforth Colin
EVP Support & Delivery
Transactions
- Tax Payment
Common Stock
2010-12-03$9.05/sh−8,176$73,993→ 24,395 total
Footnotes (1)
- [F1]On December 3, 2007, Lawson granted an award of 25,000 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 December 3, 2010, all 25,000 shares of restricted stock vested under the terms of that grant. On December 3, 2010, in an exempt transaction under Rule 16b-3, 8,176 shares of restricted stock were withheld by Lawson to pay the minimum tax withholdings based on the closing price of $9.05 per share on December 2, 2010, and the remaining 16,824 shares are no longer subject to these restrictions.