Sutphin Brian Joseph 4

Accession 0001181431-10-004872

CIK 0000709519other

Filed

Jan 26, 7:00 PM ET

Accepted

Jan 27, 2:07 PM ET

Size

23.8 KB

Accession

0001181431-10-004872

Form 4

Period: 2010-01-26

EVP, Corporate Dev. & Alliance

Transactions

Disposition to Issuer
Common Stock
2010-01-26−34,531→ 66,130 total
Disposition to Issuer
Employee Stock Option (right to buy)
2010-01-26−750→ 0 total
Exercise: $14.80Exp: 2010-07-25→ Common Stock (750 underlying)
Disposition to Issuer
Employee Stock Option (right to buy)
2010-01-26−60,000→ 0 total
Exercise: $15.40Exp: 2013-07-28→ Common Stock (60,000 underlying)
Disposition to Issuer
Employee Stock Option (right to buy)
2010-01-26−3,500→ 0 total
Exercise: $16.83Exp: 2011-11-13→ Common Stock (3,500 underlying)
Disposition to Issuer
Common Stock
2010-01-26−66,130→ 0 total
Disposition to Issuer
Employee Stock Option (right to buy)
2010-01-26−100,000→ 0 total
Exercise: $20.40Exp: 2015-07-31→ Common Stock (100,000 underlying)
Disposition to Issuer
Employee Stock Option (right to buy)
2010-01-26−2,550→ 0 total
Exercise: $36.56Exp: 2010-03-19→ Common Stock (2,550 underlying)
Disposition to Issuer
Employee Stock Option (right to buy)
2010-01-26−1,150→ 0 total
Exercise: $16.80Exp: 2011-05-21→ Common Stock (1,150 underlying)
Disposition to Issuer
Employee Stock Option (right to buy)
2010-01-26−45,000→ 0 total
Exercise: $15.16Exp: 2012-07-29→ Common Stock (45,000 underlying)
Disposition to Issuer
Employee Stock Option (right to buy)
2010-01-26−85,000→ 0 total
Exercise: $17.04Exp: 2014-07-27→ Common Stock (85,000 underlying)

Footnotes (7)

[F1]Pursuant to the Merger Agreement between the Issuer and Oracle Corporation dated April 19, 2009 (the "Merger Agreement"), each share of JAVA common stock will be exchanged for $9.50 in cash.
[F2]Shares are represented by restricted stock units.
[F3]Pursuant to the Merger Agreement between the Issuer and Oracle Corporation dated April 19, 2009 (the "Merger Agreement"), each restricted stock unit will be assumed by Oracle and converted into a restricted stock unit for 0.3849 shares of Oracle common stock.
[F4]The option is fully vested.
[F5]Pursuant to the Merger Agreement, each option to purchase shares of JAVA common stock will be assumed by Oracle and converted into an option to purchase a number of shares of Oracle common stock equal to the number of shares of JAVA common stock subject to the option multiplied by 0.3849, rounded down to the nearest whole share. The exercise price per share for the assumed option will equal the JAVA per share exercise price divided by 0.3849.
[F6]The option vests in five equal annual installments beginning on July 27, 2007.
[F7]The option vests in five equal annual installments beginning on July 31, 2008.

Documents

1 file

SUN MICROSYSTEMS, INC.

CIK 0000709519

Entity typeother