4//SEC Filing
PALM INC 4
Accession 0001181431-10-036637
CIK 0001100389operating
Filed
Jul 5, 8:00 PM ET
Accepted
Jul 6, 9:07 PM ET
Size
7.8 KB
Accession
0001181431-10-036637
Insider Transaction Report
Form 4
PALM INCPALM
RUBINSTEIN JONATHAN
DirectorChairman, CEO & President
Transactions
- Disposition to Issuer
Stock Option Right to Buy
2010-07-01−400,000→ 0 totalExercise: $5.58→ Common Stock - Disposition to Issuer
Common Stock
2010-07-01$5.70/sh−1,264,046$7,205,062→ 0 total
Footnotes (1)
- [F1]Pursuant to the terms of the merger agreement dated April 28, 2010 between Palm and Hewlett-Packard Company, in connection with the merger that became effective on July 1, 2010, each outstanding share and vested equity award of Palm, Inc. was cancelled in exchange for the right to receive a cash payment representing the price paid to the Company's common stockholders ($5.70 per share) less, in the case of stock options, the exercise price of the option. Stock options with a per share exercise price of $5.70 or greater were cancelled for no value received. The Common Stock reported in Table I includes both restricted stock units and shares, including shares acquired in March and June 2010 under the Company's ESPP in transactions exempt from Section 16.
Documents
Issuer
PALM INC
CIK 0001100389
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001100389
Filing Metadata
- Form type
- 4
- Filed
- Jul 5, 8:00 PM ET
- Accepted
- Jul 6, 9:07 PM ET
- Size
- 7.8 KB