NARODICK SALLY G 4

4 · SUMTOTAL SYSTEMS INC · Filed Jul 22, 2009

Form 4

Period: 2009-07-21

Director

Transactions

Disposition to Issuer
Stock Option (right to buy)
2009-07-21$0.28/sh−10,000$2,800→ 0 total
Exercise: $4.57Exp: 2018-06-05→ Common Stock (10,000 underlying)
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2009-07-21−10,000→ 0 total
Exercise: $6.02Exp: 2016-06-09→ Common Stock (10,000 underlying)
Disposition to Issuer
Stock Option (right to buy)
2009-07-21$2.34/sh−5,977$13,986→ 0 total
Exercise: $2.51Exp: 2012-10-29→ Common Stock (5,977 underlying)
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2009-07-21$0.25/sh−10,000$2,500→ 0 total
Exercise: $4.60Exp: 2015-09-23→ Common Stock (10,000 underlying)
Disposition to Issuer
Stock Option (right to buy)
2009-07-21−10,000→ 0 total
Exercise: $7.86Exp: 2017-06-07→ Common Stock (10,000 underlying)
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2009-07-21−10,000→ 0 total
Exercise: $7.62Exp: 2014-04-14→ Common Stock (10,000 underlying)
Disposition to Issuer
Stock Option (right to buy)
2009-07-21−3,319→ 0 total
Exercise: $37.83Exp: 2010-09-18→ Common Stock (3,319 underlying)

Footnotes (1)

[F1]Pursuant to the Agreement and Plan of Merger, dated as of May 26. 2009, by and among the Issuer, Amber Holding Inc., a Delaware corporation, and Amber Acquisition Inc., a Delaware corporation and a wholly-owned subsidiary of Amber Holding Inc., each outstanding option, whether vested or unvested, was cancelled and converted into the right to receive an amount in cash, without interest, equal to the product of (x) the excess, if any, of (A) $4.85 less (B) the exercise price per share attributable to such option, multiplied by (y) the total number of shares issuable upon exercise in full of such option.

Documents

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