Bhagat Vinay K. 4
4 · Convio, Inc. · Filed May 8, 2012
Insider Transaction Report
Form 4
Convio, Inc.CNVO
Bhagat Vinay K.
DirectorChief Strategy Officer
Transactions
- Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2012-05-04−28,160→ 0 totalExercise: $4.57→ Common Stock (28,160 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2012-05-04−33,000→ 0 totalExercise: $9.00→ Common Stock (33,000 underlying) - Exercise/Conversion
Common Stock
2012-05-04+4,125→ 4,125 total - Exercise/Conversion
Restricted Stock Unit
2012-05-04−4,125→ 0 totalExercise: $0.00→ Common Stock (4,125 underlying) - Disposition to Issuer
Common Stock
2012-05-04$16.00/sh−3,033$48,528→ 0 total - Tax Payment
Common Stock
2012-05-04$16.00/sh−1,092$17,472→ 3,033 total - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2012-05-04−17,600→ 0 totalExercise: $8.75→ Common Stock (17,600 underlying)
Footnotes (4)
- [F1]Shares acquired upon the acceleration of vesting of Restricted Stock Unit upon closing of merger with Blackbaud, Inc.
- [F2]The vesting of this Restricted Stock Unit was accelerated upon the closing of the merger with Blackbaud, Inc.
- [F3]To the extent not already vested as of May 4, 2012, the vesting of this Non-Qualified Stock Option (right to buy) was accelerated upon the closing of the merger with Blackbaud, Inc.
- [F4]This option was cancelled in the merger with Blackbaud, Inc. in exchange for a cash payment representing the difference between the exercise price of the option and the $16.00 per share purchase price set forth in the merger agreement between Convio and Blackbaud, Inc.