SUN MICROSYSTEMS, INC. 4
4 · SUN MICROSYSTEMS, INC. · Filed Jan 27, 2010
Insider Transaction Report
Form 4
BARKSDALE JAMES L
Director
Transactions
- Disposition to Issuer
Common Stock
2010-01-26−240,446→ 35,361 total - Disposition to Issuer
Common Stock
2010-01-26−35,361→ 0 total - Disposition to Issuer
Common Stock
2010-01-26−600→ 0 total(indirect: See footnote)
Footnotes (4)
- [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. Pursuant to the provisions of the 2007 Omnibus Incentive Plan and the Merger Agreement, the restricted stock units vested in full upon the effectiveness of the merger.
- [F3]Pursuant to the Merger Agreement, the restricted stock units were cancelled in exchange for a cash payment of $335,929.50, which represents $9.50 for each outstanding unit.
- [F4]Shares are held directly by a charitable remainder trust for which the reporting person serves as trustee. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.