WILDE FRANCIS E 4
4 · TARANTELLA INC · Filed Jul 15, 2005
Insider Transaction Report
Form 4
TARANTELLA INCTTLA
WILDE FRANCIS E
DirectorCEO and President
Transactions
- Disposition to Issuer
Common Stock
2005-07-13−50,000→ 0 total - Disposition to Issuer
Stock Option (right to purchase)
2005-07-13−100,000→ 0 totalExercise: $0.94Exp: 2013-12-08→ Common Stock (100,000 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) - Disposition to Issuer
Common Stock
2005-07-13−250,000→ 0 total(indirect: Managing Director of Starlight Technology Partners) - Disposition to Issuer
Stock Option (right to purchase)
2005-07-13−200,000→ 0 totalExercise: $1.78Exp: 2014-06-28→ Common Stock (200,000 underlying)
Footnotes (2)
- [F1]Disposed of pursuant to merger agreement between Tarantella and Sun Microsystems for a cash price per share of $0.90 as detailed in the definitive proxy statement of Tarantella dated June 10, 2005.
- [F2]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).