OSITIS VILIS 4
4 · BLUE COAT SYSTEMS INC · Filed Nov 18, 2003
Insider Transaction Report
Form 4
OSITIS VILIS
Chief Technology Officer
Transactions
- Award
Common Stock
2003-11-14+237,690→ 238,690 total
Footnotes (1)
- [F1]Received in exchange for 15,000,000 shares of Ositis Software, Inc. common stock in connection with merger of Ositis Software, Inc. into Blue Coat Systems, Inc. (the "Merger"). 47,538 of the shares were received on the effective date of the Merger, with the remaining 190,152 shares to be received in three equal installments. On the effective date of the Merger, the fair market value of Ositis Software, Inc. was $0.301865 per share, and the closing price of Blue Coat Systems, Inc.'s common stock was $16.30 per share.