NIETO WENDY A 4
4 · INTRAWARE INC · Filed Jan 7, 2009
Insider Transaction Report
Form 4
INTRAWARE INCITRA
NIETO WENDY A
Chief Financial Officer
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2009-01-07$0.33/sh−25,000$8,250→ 0 totalExercise: $3.67Exp: 2016-08-08→ Common Stock (25,000 underlying) - Disposition to Issuer
Common Stock
2009-01-07−32,094→ 0 total - Disposition to Issuer
Common Stock
2009-01-07−4,233→ 32,094 total - Disposition to Issuer
Stock Option (right to buy)
2009-01-07$0.70/sh−18,750$13,125→ 0 totalExercise: $3.30Exp: 2015-07-28→ Common Stock (18,750 underlying)
Footnotes (5)
- [F1]Pursuant to the Agreement and Plan of Merger by and among Acresso Software Inc., Indians Merger Corp. and the Issuer dated as of October 20, 2008 (the "Merger Agreement"), each share of ITRA common stock was exchanged for $4.00 in cash.
- [F2]Shares are represented by restricted stock units. Pursuant to the Merger Agreement, each restricted stock unit vested and the restrictions thereon lapsed and was exchanged for $4.00 in cash.
- [F3]The option is fully vested.
- [F4]Pursuant to the Merger Agreement, the option was cancelled and each vested share underlying the option was exchanged for $0.70 in cash, which represents the difference between $4.00 and the option's exercise price per share of $3.30.
- [F5]Pursuant to the Merger Agreement, the option was cancelled and each vested share underlying the option was exchanged for $0.33 in cash, which represents the difference between $4.00 and the option's exercise price per share of $3.67.