PURICELLI STEVE 4
4 · SECURE COMPUTING CORP · Filed Nov 20, 2008
Insider Transaction Report
Form 4
PURICELLI STEVE
Director
Transactions
- Disposition to Issuer
Director Option (Right to Buy)
2008-11-18−15,000→ 0 totalExercise: $9.11Exp: 2015-05-11→ Common Stock (15,000 underlying) - Disposition to Issuer
Common Stock (SCUR)
2008-11-18$5.75/sh−47,656$274,022→ 0 total - Disposition to Issuer
Director Option (Right to Buy)
2008-11-18−2,500→ 0 totalExercise: $4.09Exp: 2009-07-01→ Common Stock (2,500 underlying) - Disposition to Issuer
Director Option (Right to Buy)
2008-11-18−10,000→ 0 totalExercise: $9.88Exp: 2010-05-24→ Common Stock (10,000 underlying) - Disposition to Issuer
Director Option (Right to Buy)
2008-11-18−18,000→ 0 totalExercise: $18.19Exp: 2011-05-09→ Common Stock (18,000 underlying) - Disposition to Issuer
Director Option (Right to Buy)
2008-11-18−8,000→ 0 totalExercise: $6.83Exp: 2013-05-14→ Common Stock (8,000 underlying) - Disposition to Issuer
Director Option (Right to Buy)
2008-11-18−12,000→ 0 totalExercise: $9.49Exp: 2014-05-06→ Common Stock (12,000 underlying)
Footnotes (3)
- [F1]Disposed of pursuant to a merger agreement between the issuer and McAfee in exchange for a cash payment of $5.75 per share. Includes 8,000 restricted shares for which vesting accelerated in connection with the merger.
- [F2]This option, which was fully vested as of the date of the merger, was cancelled in the merger in exchange for the right to receive a cash payment equal to the amount, if any, by which the merger consideration of $5.75 per share exceeds the exercise price of the option, multiplied by the number of shares underlying the option, without interest and less applicable withholding taxes
- [F3]This option, the vesting of which was partially accelerated in connection with the merger, was cancelled in the merger in exchange for the right to receive a cash payment equal to the amount, if any, by which the merger consideration of $5.75 per share exceeds the exercise price of the option, multiplied by the number of shares underlying the option, without interest and less applicable withholding taxes.