EMBARCADERO TECHNOLOGIES INC 4
4 · EMBARCADERO TECHNOLOGIES INC · Filed Jun 27, 2007
Insider Transaction Report
Form 4
SABHLOK RAJ P
Sr. VP of Operations
Transactions
- Disposition to Issuer
Common Stock
2007-06-25−216,063→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2007-06-25−50,000→ 0 totalExercise: $11.48Exp: 2011-06-14→ Common Stock (50,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2007-06-25−6,250→ 0 totalExercise: $5.00Exp: 2010-01-15→ Common Stock (6,250 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2007-06-25−59,836→ 0 totalExercise: $5.00Exp: 2010-01-15→ Common Stock (59,836 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2007-06-25−131,414→ 0 totalExercise: $1.50Exp: 2010-01-15→ Common Stock (131,414 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2007-06-25−100,000→ 0 totalExercise: $15.60Exp: 2010-12-19→ Common Stock (100,000 underlying)
Footnotes (3)
- [F1]Disposed of pursuant to an Agreement and Plan of Merger, dated as of April 5, 2007, by and among EMB Holding Corp., EMBT Merger Corp. and the Issuer (the "Merger Agreement"). All unvested restricted stock were accelerated and became fully vested immediately prior to the completion of the merger pursuant to the Merger Agreement, and any repurchase option lapsed, and all shares of common stock held by Reporting Person were converted into the right to receive $7.20 in cash, without interest.
- [F2]This option was canceled in the merger pursuant to the Merger Agreement in exchange for the right to receive a cash payment, without interest, less applicable withholding taxes, in an amount equal to the product of (i) the total number of shares of the Issuer's common stock subject to the option, multiplied by (ii) the excess of $7.20 over the exercise price per share of the Issuer's common stock underlying this option.
- [F3]This option was canceled in the merger pursuant to the Merger Agreement without payment.