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WEBEX COMMUNICATIONS INC 4

Accession 0001181431-07-036389

CIK 0001109935operating
View on SEC.govCompany Profile

Filed

May 29, 8:00 PM ET

Accepted

May 30, 9:26 PM ET

Size

57.9 KB

Accession

0001181431-07-036389

Insider Transaction Report

Form 4
Period: 2007-05-25
WEBEX COMMUNICATIONS INCWEBX
Berman David Mark
VP Sales and Service
Transactions
  • Tax Payment

    Common Stock

    2007-05-25$57.00/sh−117$6,669→ 614 total
  • Exercise/Conversion

    Restricted Stock Units

    2007-05-25−329→ 984 total
    Exercise: $0.00Exp: 2016-11-06→ Common Stock (329 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    2007-05-25−375→ 1,125 total
    Exercise: $0.00Exp: 2016-11-06→ Common Stock (375 underlying)
  • Exercise/Conversion

    Common Stock

    2007-05-25+375→ 989 total
  • Tax Payment

    Common Stock

    2007-05-25$57.00/sh−233$13,281→ 1,257 total
  • Disposition from Tender

    Common Stock

    2007-05-25$57.00/sh−786$44,802→ 0 total
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2007-05-25−4,235→ 0 total
    Exercise: $23.61Exp: 2015-11-09→ Common Stock (4,235 underlying)
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2007-05-25−16,255→ 0 total
    Exercise: $16.27Exp: 2013-07-16→ Common Stock (16,255 underlying)
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2007-05-25−25,765→ 0 total
    Exercise: $23.61Exp: 2015-11-09→ Common Stock (25,765 underlying)
  • Disposition to Issuer

    Incentive Stock Option (Right to buy)

    2007-05-25−1,667→ 0 total
    Exercise: $26.38Exp: 2016-02-06→ Common Stock (1,667 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    2007-05-25−625→ 1,875 total
    Exercise: $0.00Exp: 2016-11-06→ Common Stock (625 underlying)
  • Disposition to Issuer

    Restricted Stock Units

    2007-05-25−1,875→ 0 total
    Exercise: $0.00Exp: 2016-11-06→ Common Stock (1,875 underlying)
  • Disposition from Tender

    Common Stock

    2007-05-25$57.00/sh−10$570→ 0 total(indirect: By Trust)
  • Disposition to Issuer

    Restricted Stock Units

    2007-05-25−984→ 0 total
    Exercise: $0.00Exp: 2016-11-06→ Common Stock (984 underlying)
  • Disposition to Issuer

    Restricted Stock Units

    2007-05-25−1,125→ 0 total
    Exercise: $0.00Exp: 2016-11-06→ Common Stock (1,125 underlying)
  • Tax Payment

    Common Stock

    2007-05-25$57.00/sh−134$7,638→ 855 total
  • Disposition to Issuer

    Stock Appreciation Award

    2007-05-25−9,000→ 0 total
    Exercise: $38.37Exp: 2016-11-06→ Common Stock (9,000 underlying)
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2007-05-25−2,305→ 0 total
    Exercise: $16.27Exp: 2013-07-16→ Common Stock (2,305 underlying)
  • Disposition to Issuer

    Non-Qualified Stock Option (Right to buy)

    2007-05-25−38,333→ 0 total
    Exercise: $26.38Exp: 2016-02-06→ Common Stock (38,333 underlying)
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2007-05-25−19,220→ 0 total
    Exercise: $20.92Exp: 2014-07-22→ Common Stock (19,220 underlying)
  • Disposition to Issuer

    Stock Appreciation Award

    2007-05-25−15,000→ 0 total
    Exercise: $38.37Exp: 2016-11-06→ Common Stock (15,000 underlying)
  • Exercise/Conversion

    Common Stock

    2007-05-25+625→ 625 total
  • Tax Payment

    Common Stock

    2007-05-25$57.00/sh−223$12,711→ 402 total
  • Exercise/Conversion

    Common Stock

    2007-05-25+329→ 731 total
  • Disposition to Issuer

    Common Stock

    2007-05-25$57.00/sh−1,257$71,649→ 0 total
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2007-05-25−4,780→ 0 total
    Exercise: $20.92Exp: 2014-07-22→ Common Stock (4,780 underlying)
Footnotes (8)
  • [F1]David M. Berman and Wendy E. Berman, Co-Trustees of the David M. Berman and Wendy E. Berman Revocable Family Trust dated March 2, 2002
  • [F2]RSU - No purchase price for this transaction
  • [F3]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.
  • [F4]Disposed of pursuant to the merger agreement between the Issuer and Cisco Systems, Inc. in exchange for $57.00 per share.
  • [F5]RSU - No exercise price
  • [F6]A portion of this RSU became immediately vested and exercisable upon closing of the tender offer by Cisco.
  • [F7]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.
  • [F8]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

1 file

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, 9:26 PM ET
Size
57.9 KB
View on SEC.gov