4//SEC Filing
AVIS GREGORY M 4
Accession 0001179110-11-003757
CIK 0001111247other
Filed
Feb 28, 7:00 PM ET
Accepted
Mar 1, 5:14 PM ET
Size
30.7 KB
Accession
0001179110-11-003757
Insider Transaction Report
Form 4
AVIS GREGORY M
Director
Transactions
- Exercise/Conversion
Common Stock
2011-02-25$8.38/sh+15,000$125,700→ 60,000 total(indirect: See footnote) - Sale
Common Stock
2011-02-25$26.89/sh−75,000$2,016,750→ 0 total(indirect: See footnote) - Exercise/Conversion
Stock Option (right to buy)
2011-02-25−15,000→ 0 total(indirect: See footnote)Exercise: $8.38From: 2009-05-10Exp: 2019-02-10→ Common Stock (15,000 underlying) - Exercise/Conversion
Common Stock
2011-02-25$9.07/sh+15,000$136,050→ 75,000 total(indirect: See footnote) - Exercise/Conversion
Stock Option (right to buy)
2011-02-25−15,000→ 0 total(indirect: See footnote)Exercise: $16.31From: 2006-05-31Exp: 2016-05-31→ Common Stock (15,000 underlying) - Exercise/Conversion
Stock Option (right to buy)
2011-02-25−15,000→ 0 total(indirect: See footnote)Exercise: $15.12From: 2007-06-07Exp: 2017-06-07→ Common Stock (15,000 underlying) - Exercise/Conversion
Common Stock
2011-02-25$16.31/sh+15,000$244,650→ 15,000 total(indirect: See footnote) - Exercise/Conversion
Common Stock
2011-02-25$15.12/sh+15,000$226,800→ 30,000 total(indirect: See footnote) - Exercise/Conversion
Common Stock
2011-02-25$14.33/sh+15,000$214,950→ 45,000 total(indirect: See footnote) - Exercise/Conversion
Stock Option (right to buy)
2011-02-25−15,000→ 0 total(indirect: See footnote)Exercise: $9.07From: 2009-06-03Exp: 2019-06-03→ Common Stock (15,000 underlying) - Exercise/Conversion
Stock Option (right to buy)
2011-02-25−15,000→ 0 total(indirect: See footnote)Exercise: $14.33From: 2008-06-06Exp: 2018-06-06→ Common Stock (15,000 underlying)
Holdings
- 17,800
Common Stock
Footnotes (7)
- [F1]The options were granted to Mr. Avis as a part of director compensation. Mr. Avis is deemed to hold the options for the benefit of Summit Partners, L.P. Summit Partners, L.P., through a two-person investment committee, has voting and dispositive authority over the shares, and therefore may beneficially own the shares. Mr. Avis is a member of Summit Master Company, LLC, which is the general partner of Summit Partners, L.P. Mr. Avis disclaims beneficial ownership of the shares, and this report shall not be deemed an admission that Mr. Avis is the beneficial owner of the shares for the purposes of Section 16 or for any other purpose, except, in each case, to the extent of Mr. Avis' pecuniary interest therein.
- [F2]The option vested and became exercisable as to 100% of the shares on May 31, 2006.
- [F3]The option vested and became exercisable as to 100% of the shares on June 7, 2007.
- [F4]The option vested and became exercisable as to 100% of the shares on June 6, 2008.
- [F5]The option vested and became exercisable in four equal quarterly installments beginning May 10, 2009.
- [F6]The option vested and became exercisable as to 100% of the shares on June 3, 2009.
- [F7]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.75 to $27.07, inclusive. The reporting person undertakes to provide to RightNow Technologies, Inc., any security holder of RightNow Technologies, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
Documents
Issuer
RIGHTNOW TECHNOLOGIES INC
CIK 0001111247
Entity typeother
Related Parties
1- filerCIK 0001018068
Filing Metadata
- Form type
- 4
- Filed
- Feb 28, 7:00 PM ET
- Accepted
- Mar 1, 5:14 PM ET
- Size
- 30.7 KB