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4//SEC Filing

Rally Software Development Corp 4

Accession 0001179110-15-011111

CIK 0001313911operating

Filed

Jul 9, 8:00 PM ET

Accepted

Jul 10, 7:14 PM ET

Size

17.2 KB

Accession

0001179110-15-011111

Insider Transaction Report

Form 4
Period: 2015-07-08
Lejeal James M
CFO & Treasurer
Transactions
  • Disposition to Issuer

    Common Stock

    2015-07-08$19.50/sh75,400$1,470,300499 total
  • Disposition to Issuer

    Stock Option (right to buy)

    2015-07-0879,9990 total
    Exercise: $5.47Exp: 2021-07-31Common Stock (79,999 underlying)
  • Disposition to Issuer

    Common Stock

    2015-07-08$19.50/sh499$9,7310 total
  • Disposition to Issuer

    Stock Option (right to buy)

    2015-07-0833,9000 total
    Exercise: $13.38Exp: 2024-03-30Common Stock (33,900 underlying)
  • Disposition from Tender

    Common Stock

    2015-07-08$19.50/sh166,005$3,237,09875,899 total
  • Disposition to Issuer

    Stock Option (right to buy)

    2015-07-0866,0000 total
    Exercise: $15.54Exp: 2025-03-31Common Stock (66,000 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2015-07-082790 total
    Exercise: $0.65Exp: 2016-11-14Common Stock (279 underlying)
Footnotes (6)
  • [F1]Includes 1,200 shares acquired under the Issuer's 2013 Employee Stock Purchase Plan on June 15, 2015.
  • [F2]Per the terms of the Acquisition Agreement, dated May 27, 2015, among the Issuer, CA, Inc., a Delaware corporation, and Grand Prix Acquisition Corp., a Delaware corporation (the "Agreement"), and the Offer (as defined in the Agreement), each share of Issuer common stock was tendered for $19.50 per share in cash, without interest and less any required withholding taxes.
  • [F3]Includes 499 shares acquired under the Issuer's 2013 Employee Stock Purchase Plan on July 2, 2015.
  • [F4]Per the terms of the Agreement, each restricted stock unit award that was outstanding as of immediately prior to the Effective Time (as defined in the Agreement) was cancelled and converted to the right to receive cash in an amount equal to $19.50 per share, without interest and less any required withholding taxes.
  • [F5]Disposed of pursuant to the Agreement in which the Issuer's common stockholders, as of the Effective Time were entitled to receive the merger consideration of $19.50 per share in cash, without interest and less any required withholding taxes.
  • [F6]Per the terms of the Agreement, each stock option that was outstanding as of immediately prior to the Effective Time was cancelled and converted into the right to receive cash in an amount equal to (i) the total number of shares subject to each such vested option immediately prior to the Closing (as defined in the Agreement) multiplied by (ii) the excess, if any, of (x) $19.50 per share, over (y) the exercise price payable per share under each such stock option, without interest and less any required withholding taxes.

Issuer

Rally Software Development Corp

CIK 0001313911

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001313911

Filing Metadata

Form type
4
Filed
Jul 9, 8:00 PM ET
Accepted
Jul 10, 7:14 PM ET
Size
17.2 KB