Cannon Marc 4
4 · Convio, Inc. · Filed May 8, 2012
Insider Transaction Report
Form 4
Convio, Inc.CNVO
Cannon Marc
Vice President, Services
Transactions
- Disposition to Issuer
Common Stock
2012-05-04$16.00/sh−7,722$123,552→ 0 total - Tax Payment
Common Stock
2012-05-04$16.00/sh−2,480$39,680→ 6,895 total - Exercise/Conversion
Restricted Stock Unit
2012-05-04−1,125→ 0 totalExercise: $0.00→ Common Stock (1,125 underlying) - Disposition to Issuer
Incentive Stock Option (right to buy)
2012-05-04−91,520→ 0 totalExercise: $5.40→ Common Stock (91,520 underlying) - Disposition to Issuer
Incentive Stock Option
2012-05-04−10,560→ 0 totalExercise: $8.75→ Common Stock (10,560 underlying) - Exercise/Conversion
Common Stock
2012-05-04+9,375→ 9,375 total - Exercise/Conversion
Common Stock
2012-05-04+1,125→ 8,020 total - Exercise/Conversion
Restricted Stock Unit
2012-05-04−9,375→ 0 totalExercise: $0.00→ Common Stock (9,375 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2012-05-04−9,500→ 0 totalExercise: $9.00→ Common Stock (9,500 underlying) - Tax Payment
Common Stock
2012-05-04$16.00/sh−298$4,768→ 7,722 total
Footnotes (6)
- [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 remaining portion of the grant was assumed by Blackbaud, Inc. in the merger and replaced with an Incentive Stock Option grant which converts to common stock of Blackbaud, Inc.
- [F4]To the extent not already vested as of May 4, 2012, the vesting of this Incentive Stock Option (right to buy) was accelerated upon the closing of the merger with Blackbaud, Inc.
- [F5]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.
- [F6]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.