Home/Filings/4/0001181431-09-036211
4//SEC Filing

Dutch Dave P. 4

Accession 0001181431-09-036211

CIK 0001042185other

Filed

Jul 22, 8:00 PM ET

Accepted

Jul 23, 6:21 PM ET

Size

13.6 KB

Accession

0001181431-09-036211

Insider Transaction Report

Form 4
Period: 2009-07-21
Dutch Dave P.
SVP, Products and Marketing
Transactions
  • Disposition to Issuer

    Stock Option (right to buy)

    2009-07-2176,6670 total
    Exercise: $6.76Exp: 2017-02-24Common Stock (76,667 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2009-07-2150,0000 total
    Exercise: $11.67Exp: 2016-05-02Common Stock (50,000 underlying)
  • Disposition to Issuer

    Common Stock

    2009-07-2112,5000 total
  • Disposition to Issuer

    Common Stock

    2009-07-214000 total
  • Disposition to Issuer

    Common Stock

    2009-07-2115,3330 total
Footnotes (5)
  • [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated May 5, 2009, by and among Open Text Corporation ("Open Text"), Scenic Merger Corporation and Vignette Corporation ("Vignette") in exchange for $3,200 in cash and 57 shares of Open Text common stock having a closing market value of $37.02 per share on the effective date of the merger, and cash in lieu of fractional shares.
  • [F2]The shares are subject to the following vesting terms: 12,500 shares on 05/02/2011. The cash and/or Open Text common stock to be received in exchange for these shares in the merger will be subject to the same vesting terms, subject to earlier full acceleration if employment is terminated in certain circumstances after the effective date of the merger.
  • [F3]The shares are subject to the following vesting terms: 3,833 shares on 02/24/2010, 2/24/2011 and 2/24/2012 and 3,834 shares on 2/24/2013. The cash and/or Open Text common stock to be received in exchange for these shares in the merger will be subject to the same vesting terms, subject to earlier full acceleration if employment is terminated in certain circumstances after the effective date of the merger.
  • [F4]This option, which became fully vested and exercisable on July 21, 2009, was cancelled in the merger in exchange for 1,657 shares of Open Text common stock having a closing market value of $37.02 per share on the effective date of the merger. Required income tax withholding was applied to reduce the number of shares of Open Text common stock received in exchange.
  • [F5]This option, which became fully vested and exercisable on July 21, 2009, was cancelled in the merger in exchange for 10,056 shares of Open Text common stock having a closing market value of $37.02 per share on the effective date of the merger. Required income tax withholding was applied to reduce the cash consideration and then the number of shares of Open Text common stock received in exchange.

Issuer

VIGNETTE CORP

CIK 0001042185

Entity typeother

Related Parties

1
  • filerCIK 0001434859

Filing Metadata

Form type
4
Filed
Jul 22, 8:00 PM ET
Accepted
Jul 23, 6:21 PM ET
Size
13.6 KB