SUN MICROSYSTEMS, INC. 4
4 · SUN MICROSYSTEMS, INC. · Filed Jan 27, 2010
Insider Transaction Report
Form 4
BENNETT STEPHEN M
Director
Transactions
- Disposition to Issuer
Common Stock
2010-01-26−35,361→ 0 total - Disposition to Issuer
Common Stock
2010-01-26−23,446→ 35,361 total
Footnotes (3)
- [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.