MCNULTY JOHN 4
4 · SECURE COMPUTING CORP · Filed Nov 20, 2008
Insider Transaction Report
Form 4
MCNULTY JOHN
DirectorChairman and CEO
Transactions
- Disposition to Issuer
Director Option (Right to Buy)
2008-11-18−10,882→ 0 totalExercise: $9.00Exp: 2015-01-28→ Common Stock (10,882 underlying) - Disposition to Issuer
Common Stock
2008-11-18$5.75/sh−9,000$51,750→ 0 total(indirect: By Spouse) - Disposition to Issuer
Director Option (Right to Buy)
2008-11-18−70,587→ 0 totalExercise: $4.25Exp: 2009-05-03→ Common Stock (70,587 underlying) - Disposition to Issuer
Director Option (Right to Buy)
2008-11-18−14,814→ 0 totalExercise: $6.75Exp: 2010-04-18→ Common Stock (14,814 underlying) - Disposition to Issuer
Director Option (Right to Buy)
2008-11-18−6,369→ 0 totalExercise: $15.70Exp: 2012-02-13→ Common Stock (6,369 underlying) - Disposition to Issuer
Director Option (Right to Buy)
2008-11-18−40,885→ 0 totalExercise: $7.49Exp: 2012-06-21→ Common Stock (40,885 underlying) - Disposition to Issuer
Director Option (Right to Buy)
2008-11-18−9,580→ 0 totalExercise: $10.50Exp: 2011-01-22→ Common Stock (9,580 underlying) - Disposition to Issuer
Director Option (Right to Buy)
2008-11-18−139,507→ 0 totalExercise: $9.49Exp: 2014-05-06→ Common Stock (139,507 underlying) - Disposition to Issuer
Director Option (Right to Buy)
2008-11-18−151,118→ 0 totalExercise: $9.00Exp: 2015-01-28→ Common Stock (151,118 underlying) - Disposition to Issuer
Director Option (Right to Buy)
2008-11-18−24,493→ 0 totalExercise: $9.49Exp: 2014-05-06→ Common Stock (24,493 underlying) - Disposition to Issuer
Director Option (Right to Buy)
2008-11-18−429,413→ 0 totalExercise: $4.25Exp: 2009-05-03→ Common Stock (429,413 underlying) - Disposition to Issuer
Director Option (Right to Buy)
2008-11-18−85,186→ 0 totalExercise: $6.75Exp: 2010-04-18→ Common Stock (85,186 underlying) - Disposition to Issuer
Director Option (Right to Buy)
2008-11-18−140,420→ 0 totalExercise: $10.50Exp: 2011-01-22→ Common Stock (140,420 underlying) - Disposition to Issuer
Director Option (Right to Buy)
2008-11-18−19,865→ 0 totalExercise: $2.99Exp: 2012-08-01→ Common Stock (19,865 underlying) - Disposition to Issuer
Director Option (Right to Buy)
2008-11-18−150,000→ 0 totalExercise: $11.50Exp: 2010-05-11→ Common Stock (150,000 underlying) - Disposition to Issuer
Common Stock
2008-11-18$5.75/sh−435,220$2,502,515→ 0 total - Disposition to Issuer
Director Option (Right to Buy)
2008-11-18−67,881→ 0 totalExercise: $15.70Exp: 2012-02-13→ Common Stock (67,881 underlying)
Footnotes (4)
- [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 145,749 restricted shares for which vesting accelerated in connection with the merger. 63,710 of the shares reported were withheld for the payment of the tax liability incident to the vesting of the unrestricted shares.
- [F2]Disposed of pursuant to a merger agreement between the issuer and McAfee in exchange for a cash payment of $5.75 per share.
- [F3]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.
- [F4]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.