AVIS GREGORY M 4
4 · RIGHTNOW TECHNOLOGIES INC · Filed Jan 25, 2012
Insider Transaction Report
Form 4
AVIS GREGORY M
Director
Transactions
- Disposition to Issuer
Common Stock
2012-01-25$43.00/sh−26,850$1,154,550→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2012-01-25−20,000→ 0 totalExercise: $13.61Exp: 2020-06-07→ Common Stock (20,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2012-01-25−4,000→ 0 totalExercise: $30.69Exp: 2021-06-14→ Common Stock (4,000 underlying)
Footnotes (5)
- [F1]Pursuant to the Agreement and Plan of Merger, dated as of October 23, 2011 (the "Merger Agreement"), by and among RightNow Technologies, Inc. ("RightNow"), OC Acquisition LLC ("Parent"), a Delaware limited liability company and wholly-owned subsidiary of Oracle Corporation ("Oracle"), and Rhea Acquisition Corporation, a Delaware corporation and wholly-owned subsidiary of Parent, each share of RightNow common stock was exchanged for $43.00 in cash, without interest and less any applicable withholding taxes.
- [F2]Includes 4,526 restricted stock units which, pursuant to the terms of the restricted stock unit agreement between RightNow and the reporting person, accelerated and became fully vested as of the closing of the merger.
- [F3]The option is fully vested.
- [F4]Pursuant to the Merger Agreement, each vested stock option was exchanged for $43.00 in cash less the per share exercise price, without interest.
- [F5]Includes 2,000 stock options which, pursuant to the terms of the stock option agreement between RightNow and the reporting person, accelerated and became fully vested as of the closing of the merger.