WATCHGUARD TECHNOLOGIES INC 4
4 · WATCHGUARD TECHNOLOGIES INC · Filed Oct 4, 2006
Insider Transaction Report
Form 4
Sparks Bradley E
Chief Financial Officer
Transactions
- Disposition to Issuer
Common Stock
2006-10-04$4.25/sh−17,000$72,250→ 0 total - Disposition to Issuer
Employee stock option (right to buy)
2006-10-04−300,000→ 0 totalExercise: $3.42Exp: 2015-04-26→ Common Stock (300,000 underlying)
Footnotes (3)
- [F1]Includes 1,000 shares of common stock that were acquired on each of February 28, 2006 and August 31, 2005 under the issuer's employee stock purchase plan.
- [F2]Disposed of pursuant to the merger agreement between the issuer and Gladiator Corporation in exchange for $4.25 per share cash.
- [F3]This option, which vested 25% on April 26, 2006, and an additional 2.0833% monthly therafter, was cancelled in the merger in exchange for $249,000, representing the difference between the exercise price and the $4.25 per share merger consideration.