4/A//SEC Filing
ExactTarget, Inc. 4/A
Accession 0001179110-13-012245
CIK 0001420850operating
Filed
Jul 28, 8:00 PM ET
Accepted
Jul 29, 4:56 PM ET
Size
21.6 KB
Accession
0001179110-13-012245
Insider Transaction Report
Form 4/AAmended
Collins Steven A
Chief Financial Officer
Transactions
- Disposition to Issuer
Common Stock
2013-07-18−18,750→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2013-07-18$26.05/sh−237,500$6,186,875→ 100,000 totalExercise: $7.70Exp: 2021-06-19→ Common Stock (237,500 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2013-07-18$18.75/sh−29,166$546,863→ 20,834 totalExercise: $15.00Exp: 2022-02-28→ Common Stock (29,166 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2013-07-18−33,334→ 0 totalExercise: $22.10Exp: 2023-02-26→ Common Stock (33,334 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2013-07-18−20,834→ 0 totalExercise: $15.00Exp: 2022-02-28→ Common Stock (20,834 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2013-07-18−100,000→ 0 totalExercise: $7.70Exp: 2021-06-19→ Common Stock (100,000 underlying) - Disposition to Issuer
Common Stock
2013-07-18$33.75/sh−6,250$210,938→ 18,750 total - Disposition to Issuer
Employee Stock Option (right to buy)
2013-07-18$11.65/sh−16,666$194,159→ 33,334 totalExercise: $22.10Exp: 2023-02-26→ Common Stock (16,666 underlying)
Footnotes (8)
- [F1]Represents restricted stock units disposed of pursuant to a merger agreement between ExactTarget, Inc., salesforce.com, inc. and Excalibur Acquisition Corp.
- [F2]Represents restricted stock units disposed of pursuant to a merger agreement between ExactTarget, Inc., salesforce.com, inc. and Excalibur Acquisition Corp. These restricted stock units, which provided for vesting in four equal annual installments beginning February 26, 2014, were assumed by salesforce.com, inc. in the merger and replaced with 15,700 restricted stock units of salesforce.com, inc. that will vest in three equal annual installments beginning on February 26, 2014.
- [F3]This option grant, which provided that 100,000 options would vest and become exercisable on June 20, 2012 and 300,000 options would vest and become exercisable in thirty-six equal monthly installments beginning on July 20, 2012, was cancelled in the merger in exchange for a cash payment of $6,186,875 representing the difference between the exercise price of the option and the market value of the underlying ExactTarget, Inc. common stock on the effective date of the merger ($33.75 per share).
- [F4]This option grant, which provided that 100,000 options would vest and become exercisable on June 20, 2012 and 300,000 options would vest and become exercisable in thirty-six equal monthly installments beginning on July 20, 2012, was assumed by salesforce.com, inc. in the merger and replaced with an option to purchase 83,735 shares of salesforce.com, inc. common stock for $9.20 per share.
- [F5]This option grant, which provided that 12,500 options would vest and become exercisable on March 1, 2013 and 37,500 options would vest and become exercisable in thirty-six equal monthly installments beginning on April 1, 2013, was cancelled in the merger in exchange for a cash payment of $546,862.50 representing the difference between the exercise price of the option and the market value of the underlying ExactTarget, Inc. common stock on the effective date of the merger ($33.75 per share).
- [F6]This option grant, which provided that 12,500 options would vest and become exercisable on March 1, 2013 and 37,500 options would vest and become exercisable in thirty-six equal monthly installments beginning on April 1, 2013, was assumed by salesforce.com, inc. in the merger and replaced with an option to purchase 17,445 shares of salesforce.com, inc. common stock for $17.92 per share.
- [F7]This option grant, which provided that one-fourth would vest and become exercisable on February 26, 2014 and three-fourths would vest and become exercisable in thirty-six equal monthly installments beginning on March 26, 2014, was cancelled in the merger in exchange for a cash payment of $194,158.90 representing the difference between the exercise price of the option and the market value of the underlying ExactTarget, Inc. common stock on the effective date of the merger ($33.75 per share).
- [F8]This option grant, which provided that one-fourth would vest and become exercisable on February 26, 2014 and three-fourths would vest and become exercisable in thirty-six equal monthly installments beginning on March 26, 2014, was assumed by salesforce.com, inc. in the merger and replaced with an option to purchase 27,912 shares of salesforce.com, inc. common stock for $26.40 per share.
Documents
Issuer
ExactTarget, Inc.
CIK 0001420850
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001420850
Filing Metadata
- Form type
- 4/A
- Filed
- Jul 28, 8:00 PM ET
- Accepted
- Jul 29, 4:56 PM ET
- Size
- 21.6 KB