WATCHGUARD TECHNOLOGIES INC 4
4 · WATCHGUARD TECHNOLOGIES INC · Filed Oct 4, 2006
Insider Transaction Report
Form 4
BOREY EDWARD J
DirectorPres., CEO & COB
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2006-10-04−900,000→ 0 totalExercise: $3.44Exp: 2015-05-19→ Common Stock (900,000 underlying) - Disposition to Issuer
Common Stock
2006-10-04$4.25/sh−29,000$123,250→ 0 total
Footnotes (3)
- [F1]Includes 1,000 shares acquired under the issuer's employee stock purchase plan on each of February 28, 2006 and August 31, 2006.
- [F2]Disposed of pursuant to merger agreement between the issuer and Gladiator Corporation in exchange for $4.25 per share cash.
- [F3]This option, which vested 25% on July 18, 2005 and an additional 2.0833% monthly thereafter, was cancelled in the merger for a cash payment of $733,500, representing the difference between the exercise price and the $4.25 per share merger consideration.