4//SEC Filing
HAGEN KEITH B 4
Accession 0001181431-07-075046
CIK 0001018833other
Filed
Dec 11, 7:00 PM ET
Accepted
Dec 12, 4:05 PM ET
Size
7.2 KB
Accession
0001181431-07-075046
Insider Transaction Report
Form 4
HAGEN KEITH B
Other
Transactions
- Award
Employee Stock Option (right to buy)
2007-12-10+250,000→ 1,000,000 totalExercise: $1.99Exp: 2017-12-10→ Common Stock (250,000 underlying)
Holdings
- 1,575,000
Common Stock
Footnotes (3)
- [F1]1,000,000 of such shares of Common Stock are issuable upon the exercise of options. 550,000 of such shares are restricted shares, which will cliff vest on the third anniversary of the grant (October 17, 2008) if Mr. Hagen has been continuously employed by the Company on that date.
- [F2]The options were granted under the 2004 Stock Compensation Plan and vest as follows: (i) 25% of the options on the first anniversary of the grant date and (ii) the remaining 75% of the options in a series of thirty-six (36) equal monthly installments upon Mr. Hagen's completion of each month of service with the Company after the first anniversary of the grant date.
- [F3]These 250,000 stock options were awarded to Mr. Hagen as bonus compensation for his performance in 2007, in addition to the bonus compensation for which he is eligible under his Employment Agreement, which was filed as Exhibit 99.2 to the Current Report on Form 8-K filed with the Securities and Exchange Commission on September 29, 2005.
Documents
Issuer
QUADRAMED CORP
CIK 0001018833
Entity typeother
Related Parties
1- filerCIK 0001345527
Filing Metadata
- Form type
- 4
- Filed
- Dec 11, 7:00 PM ET
- Accepted
- Dec 12, 4:05 PM ET
- Size
- 7.2 KB