Home/Filings/4/0001181431-09-036213
4//SEC Filing

SINGH SOMESH 4

Accession 0001181431-09-036213

CIK 0001042185other

Filed

Jul 22, 8:00 PM ET

Accepted

Jul 23, 6:23 PM ET

Size

19.3 KB

Accession

0001181431-09-036213

Insider Transaction Report

Form 4
Period: 2009-07-21
SINGH SOMESH
SVP-R & D Tech Ops
Transactions
  • Disposition to Issuer

    Common Stock

    2009-07-2115,0000 total
  • Disposition to Issuer

    Stock Option (right to buy)

    2009-07-21100,0000 total
    Exercise: $16.97Exp: 2015-03-08Common Stock (100,000 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2009-07-2187,7000 total
    Exercise: $11.83Exp: 2016-04-18Common Stock (87,700 underlying)
  • Disposition to Issuer

    Common Stock

    2009-07-2119,7950 total
  • Disposition to Issuer

    Common Stock

    2009-07-2111,1340 total
  • Disposition to Issuer

    Common Stock

    2009-07-2110,0200 total
  • Disposition to Issuer

    Common Stock

    2009-07-2117,3330 total
  • Disposition to Issuer

    Stock Option (right to buy)

    2009-07-2186,6670 total
    Exercise: $6.76Exp: 2017-02-24Common Stock (86,667 underlying)
Footnotes (8)
  • [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 $158,360 in cash and 2,864 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: 15,000 shares on 3/8/2010. 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: 5,511 shares on 4/18/2010 and 5,623 shares on 4/18/2011. 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.
  • [F4]The shares are subject to the following vesting terms: 10,020 shares on 4/18/2010. 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.
  • [F5]The shares are subject to the following vesting terms: 4,333 shares on 2/24/2010, 2/24/2011, and 2/24/2012 and 4,334 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.
  • [F6]This option, which became fully vested and exercisable on July 21, 2009, was cancelled in the merger without payment of any consideration.
  • [F7]This option, which became fully vested and exercisable on July 21, 2009, was cancelled in the merger in exchange for 2,626 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.
  • [F8]This option, which became fully vested and exercisable on July 21, 2009, was cancelled in the merger in exchange for 11,367 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 0001396720

Filing Metadata

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