GALLAGHER MICHAEL J 4

Accession 0001181431-08-063341

CIK 0001001916other

View on SEC.gov Company Profile

Filed

Nov 19, 7:00 PM ET

Accepted

Nov 20, 5:53 PM ET

Size

34.7 KB

Accession

0001181431-08-063341

Insider Transaction Report

Form 4

Period: 2008-11-18

SECURE COMPUTING CORPSCUR

GALLAGHER MICHAEL J

Sr. V.P. - Product Development

Transactions

Disposition to Issuer
Common Stock
2008-11-18−89,318→ 0 total
Disposition to Issuer
Stock Option
2008-11-18−14,582→ 0 total
Exercise: $8.74From: 2007-08-05Exp: 2013-08-05→ Common Stock (14,582 underlying)
Disposition to Issuer
Stock Option
2008-11-18−78,408→ 0 total
Exercise: $9.00Exp: 2015-01-28→ Common Stock (78,408 underlying)
Disposition to Issuer
Stock Option
2008-11-18−3→ 0 total
Exercise: $4.73From: 2003-04-09Exp: 2009-04-09→ Common Stock (3 underlying)
Disposition to Issuer
Stock Option
2008-11-18−6,369→ 0 total
Exercise: $15.70From: 2006-02-13Exp: 2012-02-13→ Common Stock (6,369 underlying)
Disposition to Issuer
Stock Option
2008-11-18−38,218→ 0 total
Exercise: $17.88From: 2003-02-17Exp: 2009-02-17→ Common Stock (38,218 underlying)
Disposition to Issuer
Stock Option
2008-11-18−26,631→ 0 total
Exercise: $15.70From: 2006-02-13Exp: 2012-02-13→ Common Stock (26,631 underlying)
Disposition to Issuer
Stock Option
2008-11-18−30,420→ 0 total
Exercise: $10.50From: 2005-01-22Exp: 2011-01-22→ Common Stock (30,420 underlying)
Disposition to Issuer
Stock Option
2008-11-18−50,290→ 0 total
Exercise: $9.56From: 2008-05-06Exp: 2014-05-06→ Common Stock (50,290 underlying)
Disposition to Issuer
Stock Option
2008-11-18−10,000→ 0 total
Exercise: $4.02From: 2007-02-11Exp: 2013-02-11→ Common Stock (10,000 underlying)
Disposition to Issuer
Stock Option
2008-11-18−10,418→ 0 total
Exercise: $8.74From: 2007-08-05Exp: 2013-08-05→ Common Stock (10,418 underlying)
Disposition to Issuer
Stock Option
2008-11-18−5,000→ 0 total
Exercise: $2.99From: 2006-07-31Exp: 2012-07-31→ Common Stock (5,000 underlying)
Disposition to Issuer
Stock Option
2008-11-18−16,782→ 0 total
Exercise: $17.88From: 2003-02-17Exp: 2009-02-17→ Common Stock (16,782 underlying)
Disposition to Issuer
Stock Option
2008-11-18−12,710→ 0 total
Exercise: $9.56From: 2008-05-06Exp: 2014-05-06→ Common Stock (12,710 underlying)
Disposition to Issuer
Stock Option
2008-11-18−11,592→ 0 total
Exercise: $9.00From: 2009-01-28Exp: 2015-01-28→ Common Stock (11,592 underlying)

Footnotes (3)

[F1]14,318 of the shares reported were disposed of pursuant to a merger agreement between Secure Computing Corporation and McAfee in exchange for a cash payment of $5.75 per share. The remaining 75,000 shares were unvested restricted shares that were assumed by McAfee pursuant to the merger and replaced with 14,170 McAfee unvested restricted shares. The McAfee unvested restricted shares will continue to have the same terms and conditions and vesting schedule as before the merger.
[F2]This option 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.

Documents

1 file

4
rrd224067.xmlPrimary
FORM 4

Issuer

SECURE COMPUTING CORP

CIK 0001001916

→

Entity typeother

Related Parties

filerCIK 0001259026

Filing Metadata

Form type: 4
Filed: Nov 19, 7:00 PM ET
Accepted: Nov 20, 5:53 PM ET
Size: 34.7 KB

View on SEC.gov