4//SEC Filing
MEDEIROS MATTHEW 4
Accession 0001181431-10-038447
CIK 0001093885other
Filed
Jul 22, 8:00 PM ET
Accepted
Jul 23, 5:30 PM ET
Size
17.4 KB
Accession
0001181431-10-038447
Insider Transaction Report
Form 4
SONICWALL INCSNWL
MEDEIROS MATTHEW
DirectorPresident & CEO
Transactions
- Disposition to Issuer
Common Stock
2010-07-23$11.50/sh−171,874$1,976,551→ 0 total - Disposition to Issuer
Employee Stock Option (Right to buy)
2010-07-23−211,466→ 0 totalExercise: $5.19Exp: 2015-05-02→ Common Stock (211,466 underlying) - Disposition to Issuer
Employee Stock Option (Right to buy)
2010-07-23−300,000→ 0 totalExercise: $8.56Exp: 2016-06-05→ Common Stock (300,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to buy)
2010-07-23−1,934,760→ 0 totalExercise: $3.38Exp: 2012-12-13→ Common Stock (1,934,760 underlying) - Disposition to Issuer
Employee Stock Option (Right to buy)
2010-07-23−300,000→ 0 totalExercise: $8.78Exp: 2017-02-09→ Common Stock (300,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to buy)
2010-07-23−414,050→ 0 totalExercise: $7.86Exp: 2018-05-14→ Common Stock (414,050 underlying)
Footnotes (6)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated June 2, 2010, between the Issuer, PSM Holdings 2, Inc. ("Parent") and PSM Merger Sub, Inc. ("Merger Sub"), pursuant to which Merger Sub merged with and into the Issuer and the Issuer was acquired by Parent (the "Merger").
- [F2]This option, which was originally granted for 2,400,000 shares, of which 465,240 shares were previously exercised, and which provided for vesting as to 1/4 of the shares on March 17, 2004 and as to 1/48 of the shares on each one month anniversary thereafter, was canceled in the Merger in exchange for a cash amount equal to the net value of the exercise price and the $11.50 per share Merger consideration.
- [F3]This option, which was originally granted for 250,000 shares, of which 38,534 shares were previously exercised, and which provided for vesting as to 1/4 of the shares on May 2, 2006 and as to 1/48 of the shares on each one month anniversary thereafter, was canceled in the Merger in exchange for a cash amount equal to the net value of the exercise price and the $11.50 per share Merger consideration.
- [F4]This option, which provided for vesting as to 1/48 of the shares on July 5, 2006 and each one month anniversary thereafter, was canceled in the Merger in exchange for a cash amount equal to the net value of the exercise price and the $11.50 per share Merger consideration.
- [F5]This option, which provided for vesting as to 1/48 of the shares on March 9, 2007 and each one month anniversary thereafter, was fully accelerated as to vesting and canceled in the Merger in exchange for a cash amount equal to the net value of the exercise price and the $11.50 per share Merger consideration.
- [F6]This option, which provided for vesting as to 30% of the shares on November 14, 2009 and as to 1/42 of the remainder of the shares on each one month anniversary thereafter, was fully accelerated as to vesting and canceled in the Merger in exchange for a cash amount equal to the net value of the exercise price and the $11.50 per share Merger consideration.
Documents
Issuer
SONICWALL INC
CIK 0001093885
Entity typeother
Related Parties
1- filerCIK 0001229074
Filing Metadata
- Form type
- 4
- Filed
- Jul 22, 8:00 PM ET
- Accepted
- Jul 23, 5:30 PM ET
- Size
- 17.4 KB