4/A//SEC Filing
ExactTarget, Inc. 4/A
Accession 0001179110-13-012246
CIK 0001420850operating
Filed
Jul 28, 8:00 PM ET
Accepted
Jul 29, 4:56 PM ET
Size
20.5 KB
Accession
0001179110-13-012246
Insider Transaction Report
Form 4/AAmended
DOLAN TRACI M
Chief Admin. Off. & Secretary
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2013-07-18$28.14/sh−70,000$1,969,800→ 0 totalExercise: $5.61Exp: 2020-05-26→ Common Stock (70,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2013-07-18$29.08/sh−100,000$2,908,000→ 0 totalExercise: $4.67Exp: 2019-01-25→ Common Stock (100,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2013-07-18$26.05/sh−56,875$1,481,594→ 13,125 totalExercise: $7.70Exp: 2021-03-23→ Common Stock (56,875 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2013-07-18−29,167→ 0 totalExercise: $15.00Exp: 2022-02-28→ Common Stock (29,167 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2013-07-18$18.75/sh−40,833$765,619→ 29,167 totalExercise: $15.00Exp: 2022-02-28→ Common Stock (40,833 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2013-07-18$33.25/sh−118,750$3,948,438→ 0 totalExercise: $0.50Exp: 2014-10-25→ Common Stock (118,750 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2013-07-18−13,125→ 0 totalExercise: $7.70Exp: 2021-03-23→ Common Stock (13,125 underlying)
Footnotes (7)
- [F1]This option grant, which provided that 25,000 options would vest and become exercisable on January 26, 2010 and 75,000 options would vest and become exercisable in thirty-six equal monthly installments beginning on February 26, 2010, was cancelled in the merger in exchange for a cash payment of $2,908,000 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).
- [F2]This option grant, which provided that 17,500 options would vest and become exercisable on May 27, 2011 and 52,500 options would vest and become exercisable in thirty-six equal monthly installments beginning on June 27, 2011, was cancelled in the merger in exchange for a cash payment of $1,970,150 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).
- [F3]This option grant, which provided that 17,500 options would vest and become exercisable on March 24, 2012 and 52,500 options would vest and become exercisable in thirty-six equal monthly installments beginning on April 24, 2012, was cancelled in the merger in exchange for a cash payment of $1,481,593.75 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 17,500 options would vest and become exercisable on March 24, 2012 and 52,500 options would vest and become exercisable in thirty-six equal monthly installments beginning on April 24, 2012, was assumed by salesforce.com, inc. in the merger and replaced with an option to purchase 10,990 shares of salesforce.com, inc. common stock for $9.20 per share.
- [F5]This option grant, which provided that 17,500 options would vest and become exercisable on March 1, 2013 and 52,500 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 $765,618.75 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 17,500 options would vest and become exercisable on March 1, 2013 and 52,500 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 24,422 shares of salesforce.com, inc. common stock for $17.92 per share.
- [F7]This option grant, which was fully vested and exercisable, was cancelled in the merger in exchange for a cash payment of $3,948,437.50 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).
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
- 20.5 KB