MCCLANAHAN KIP 4
4 · TIPPINGPOINT TECHNOLOGIES INC · Filed Feb 3, 2005
Insider Transaction Report
Form 4
MCCLANAHAN KIP
DirectorChief Executive Officer
Transactions
- Disposition to Issuer
Nonqualified stock options
2005-01-31$12.00/sh−225,000$2,700,000→ 225,000 totalExp: 2014-01-05→ Common Stock (225,000 underlying) - Disposition to Issuer
Common Stock
2005-01-31$47.00/sh−145,241$6,826,327→ 0 total
Footnotes (3)
- [F1]Disposed of pursuant to a merger agreement by and among 3Com Corporation, Topaz Acquisition Corporation and the issuer in exchange for a cash payment of $47 per share.
- [F2]These options were assumed by 3Com in the merger and replaced with options to purchase shares of 3Com common stock.
- [F3]Vests, subject to certain conditions, on February 1, 2006.