BANNERMAN STEPHEN 4
4 · TARANTELLA INC · Filed Jul 15, 2005
Insider Transaction Report
Form 4
TARANTELLA INCTTLA
BANNERMAN STEPHEN
VP, Corporate Marketing
Transactions
- Disposition to Issuer
Stock Option (right to purchase)
2005-07-13−20,000→ 0 totalExercise: $1.78Exp: 2014-05-28→ Common Stock (20,000 underlying) - Disposition to Issuer
Stock Option (right to purchase)
2005-07-13−50,000→ 0 totalExercise: $0.90Exp: 2013-12-10→ Common Stock (50,000 underlying) - Disposition to Issuer
Stock Option (right to purchase)
2005-07-13−75,000→ 0 totalExercise: $1.14Exp: 2014-10-31→ Common Stock (75,000 underlying)
Footnotes (1)
- [F1]These options were cancelled pursuant to the merger agreement between Tarantella and Sun Microsystems because the exercise price was equal to or greater than the merger consideration ($0.90/share).