4//SEC Filing
WEBEX COMMUNICATIONS INC 4
Accession 0001181431-07-036379
CIK 0001109935operating
Filed
May 29, 8:00 PM ET
Accepted
May 30, 9:15 PM ET
Size
28.4 KB
Accession
0001181431-07-036379
Insider Transaction Report
Form 4
Faulk Rick H
VP, Marketing
Transactions
- Exercise/Conversion
Restricted Stock Unit
2007-05-25−313→ 937 totalExercise: $0.00Exp: 2017-02-07→ Common Stock (313 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2007-05-25−50,000→ 0 totalExercise: $24.60Exp: 2015-09-16→ Common Stock (50,000 underlying) - Exercise/Conversion
Common Stock
2007-05-25+313→ 313 total - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2007-05-25−47,833→ 0 totalExercise: $24.60Exp: 2015-09-16→ Common Stock (47,833 underlying) - Disposition to Issuer
Stock Appreciation Award
2007-05-25−7,500→ 0 totalExercise: $47.10Exp: 2017-02-07→ Common Stock (7,500 underlying) - Disposition to Issuer
Restricted Stock Unit
2007-05-25−937→ 0 totalExercise: $0.00Exp: 2017-02-07→ Common Stock (937 underlying) - Disposition to Issuer
Common Stock
2007-05-25$57.00/sh−430$24,510→ 0 total - Tax Payment
Common Stock
2007-05-25$57.00/sh−98$5,586→ 215 total - Disposition to Issuer
Incentive Stock Option (right to buy )
2007-05-25−10,502→ 0 totalExercise: $24.60Exp: 2015-09-16→ Common Stock (10,502 underlying)
Footnotes (7)
- [F1]RSU - No purchase price for this transaction
- [F2]These shares were retained by the Issuer in order to meet the tax withholding obligations of the reporting person in connection with the vesting of an installment of the restricted stock award. The amount retained by the Issuer was not in excess of the amount of the tax liability.
- [F3]Disposed of pursuant to the merger agreement between the Issuer and Cisco Systems, Inc. in exchange for $57.00 per share.
- [F4]RSU - No exercise price
- [F5]A portion of this RSU became immediately vested and exercisable upon closing of the tender offer by Cisco.
- [F6]This equity award was assumed by Cisco in the merger and replaced with an equity award for shares of Cisco common stock determined by multiplying the number of Issuer shares underlying the equity award immediately prior to the effective time of the merger by the Option Exchange Ratio, at an exercise price per share, if applicable, equal to the exercise price of the Issuer equity award divided by the Option Exchange Ration. The Option Exchange Ratio is a fraction, the numerator of which is $57.00 per share and denominator is $26.07.
- [F7]When granted by the Issuer, this RSU vested based on the achievement of certain performance targets. In connection with the assumption of the RSU by Cisco, it was amended such that it will vest over a period of time.
Documents
Issuer
WEBEX COMMUNICATIONS INC
CIK 0001109935
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001109935
Filing Metadata
- Form type
- 4
- Filed
- May 29, 8:00 PM ET
- Accepted
- May 30, 9:15 PM ET
- Size
- 28.4 KB