4//SEC Filing
MOBAYEN AMIR 4
Accession 0001181089-09-000005
CIK 0000717238other
Filed
Oct 13, 8:00 PM ET
Accepted
Oct 14, 5:08 PM ET
Size
17.6 KB
Accession
0001181089-09-000005
Insider Transaction Report
Form 4
MOBAYEN AMIR
Ex VP - WW Sales and Service
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2009-10-13$1.80/sh−25,000$45,000→ 0 totalExercise: $6.60Exp: 2013-07-01→ Common Stock (25,000 underlying) - Disposition to Issuer
Restricted Stock Unit
2009-10-13$8.40/sh−40,000$336,000→ 0 totalExp: 2011-02-26→ Common Stock (60,000 underlying) - Disposition to Issuer
Common Stock
2009-10-13$8.40/sh−52,367$439,883→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2009-10-13$1.41/sh−5,475$7,720→ 0 totalExercise: $6.99Exp: 2013-02-14→ Common Stock (5,475 underlying) - Disposition to Issuer
Restricted Stock Unit
2009-10-13$8.40/sh−7,500$63,000→ 0 totalExp: 2009-10-27→ Common Stock (7,500 underlying) - Disposition to Issuer
Restricted Stock Unit
2009-10-13$8.40/sh−90,000$756,000→ 0 totalExp: 2012-03-28→ Common Stock (90,000 underlying)
Footnotes (7)
- [F1]Disposed of pursuant to merger agreement between issuer, Maximus Holdings Inc. (a corporation controlled by Symphony Technology Group) and Maximus Inc. (a wholly-owned subsidiary of Maximus Holdings Inc.) (the "MA") in exchange for a cash payment of $8.40 per share ("Merger Price"). Includes 7,500 shares under a 2006 performance stock unit grant that vested ratably over 3 years upon achievement of certain performance based criteria.
- [F2]Vested in 4 annual increments beginning on 2/14/04 at an exercise price of $6.99 per share, was cancelled pursuant to the MA in exchange for a cash payment of $1.41 per share or $7,719.75 (gross before taxes/other withholdings) .
- [F3]Vested in 4 annual increments beginning on 7/1/04 at an exercise price of $6.60 per share, was cancelled pursuant to the MA in exchange for a cash payment of $1.80 per share or $45,000.00 (gross before taxes/other withholdings).
- [F4]1-for-1
- [F5]Remainder of 10/27/06 RSU grant of 22,500 shares that vested in 3 annual increments beginning 10/26/07. Cancelled pursuant to the MA in exchange for a cash payment of $8.40 per share or $63,000.00 (gross before taxes/other withholdings).
- [F6]Remainder of 2/26/08 RSU grant of 60,000 shares that vested in 3 annual increments beginning 2/26/09. Cancelled pursuant to the MA in exchange for a cash payment of $8.40 per share or $336,000 (gross before taxes/other withholdings).
- [F7]3/28/09 RSU grant of 90,000 shares that vested in 3 annual increments beginning 3/28/10. Cancelled pursuant to the MA in exchange for a cash payment of $8.40 per share or $756,000 (gross before taxes/other withholdings).
Documents
Issuer
MSC SOFTWARE CORP
CIK 0000717238
Entity typeother
Related Parties
1- filerCIK 0001181089
Filing Metadata
- Form type
- 4
- Filed
- Oct 13, 8:00 PM ET
- Accepted
- Oct 14, 5:08 PM ET
- Size
- 17.6 KB