SYMYX TECHNOLOGIES INC 4
4 · SYMYX TECHNOLOGIES INC · Filed Jul 6, 2010
Insider Transaction Report
Form 4
JACKSON REX S
Exec. V.P., CFO
Transactions
- Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2010-07-01−130,000→ 0 totalExercise: $3.69Exp: 2015-12-08→ Common Stock (130,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2010-07-01−120,000→ 0 totalExercise: $8.58Exp: 2012-11-02→ Common Stock (120,000 underlying) - Disposition to Issuer
Common Stock
2010-07-01−41,330→ 0 total
Footnotes (3)
- [F1]Disposed of pursuant to the merger agreement among Symyx Technologies, Inc., Accelrys, Inc. ("Accelrys") and Alto Merger Sub, Inc., dated April 5, 2010, in exchange for 32,245 shares of Accelrys common stock having a market value of $6.66 per share on the effective date of the merger.
- [F2]This option, which provided for vesting in increments of (i) 20% of the option shares on March 1, 2009, (ii) 40% of the option shares on March 1, 2010 and (iii) the remaining 40% of the option shares on March 1, 2011, was assumed by Accelrys pursuant to the Merger Agreement and converted into an option to purchase 93,624 shares of Accelrys common stock at an exercise price of $11.00 per share.
- [F3]This option, which provided for vesting in increments of (i) 16.67% of the option shares on June 8, 2009 and (ii) the remaining balance of the option shares in equal consecutive quarterly installments over the 30-month period thereafter until fully-vested, was assumed by Accelrys pursuant to the Merger Agreement and converted into an option to purchase 101,426 shares of Accelrys common stock at an exercise price of $4.73 per share.