Rally Software Development Corp 4
4 · Rally Software Development Corp · Filed Mar 31, 2014
Insider Transaction Report
Form 4
Mesikapp Kenneth M
CAO, VP & Asst Sec
Transactions
- Award
Common Stock
2014-03-31+6,400→ 23,100 total - Exercise/Conversion
Common Stock
2014-03-27$5.47/sh+4,000$21,900→ 16,700 total - Exercise/Conversion
Stock Option (right to buy)
2014-03-27−4,000→ 5,000 totalExercise: $5.47From: 2012-06-13Exp: 2021-07-31→ Common Stock (9,000 underlying) - Award
Stock Option (right to buy)
2014-03-31+12,600→ 12,600 totalExercise: $13.38Exp: 2024-03-30→ Common Stock (12,600 underlying)
Footnotes (4)
- [F1]Includes 4,500 previously reported shares issued as restricted stock units ("RSUs") under the Issuer's 2013 Equity Incentive Plan (the "Plan") that were received as an award, for no consideration. The RSUs vest in a series of four successive annual installments beginning on June 28, 2013 provided in each case that the Reporting Person's continuous service to the Issuer has not been terminated as defined in or as determined under the Plan.
- [F2]Includes 1,200 shares acquired under the Issuer's 2013 Employee Stock Purchase Plan on December 13, 2013.
- [F3]Represents shares issued as RSUs under the Plan that were received as an award, for no consideration. The RSUs vest in a series of four successive annual installments beginning on April 25, 2014, provided in each case that the Reporting Person's continuous service to the Issuer has not been terminated as defined in or as determined under the Plan.
- [F4]Grant to the Reporting Person of a stock option under the Plan. The option vests and becomes exercisable in a series of 48 successive equal monthly installments beginning on March 31, 2014, provided in each case that the Reporting Person's continuous service to the Issuer has not been terminated as defined in or as determined under the Plan. The option expires ten years after the date of grant.