4//SEC Filing
COGGINS MARK 4
Accession 0001181431-11-006393
CIK 0001062478other
Filed
Jan 31, 7:00 PM ET
Accepted
Feb 1, 5:42 PM ET
Size
8.4 KB
Accession
0001181431-11-006393
Insider Transaction Report
Form 4
ACTUATE CORPACTU
COGGINS MARK
SVP, Engineering
Transactions
- Award
Common Stock
2011-01-28+20,000→ 26,750 total - Award
Option (right to buy)
2011-01-28+40,000→ 731,500 totalExercise: $5.48From: 2012-01-28Exp: 2021-01-28→ Common Stock (40,000 underlying)
Footnotes (4)
- [F1]Represents shares of the Issuer's common stock underlying restricted stock units ("RSUs") awarded to the Reporting Person. The RSUs will vest in a series of four successive equal annual installments, with the first installment to vest on February 28, 2012 and the remaining installments to vest on the second, third and fourth anniversaries of the January 28, 2011 award date, provided the Reporting Person remains in the Issuer's service through each such date, subject to accelerated vesting upon the Reporting Person's termination of employment under certain prescribed circumstances within 12 months following certain changes in ownership or control of the Issuer or during the period commencing with the Issuer's execution of a definitive agreement to effect a change in control and ending on the earlier to occur of (i) the closing of the change in control transaction or (ii) the termination of such definitive agreement.
- [F2]Unless the Reporting Person elects to defer the issuance of the shares until the Reporting Person's separation from service from the Issuer, the shares of the Issuer's common stock will be issued as the RSUs vest.
- [F3]Includes 26,750 of the Issuer's common stock underlying RSUs awarded.
- [F4]Option becomes exercisable as to 1/4 of the option shares after one year from the vesting commencement date and for the balance in a series of equal monthly installments over the following 36 months.
Documents
Issuer
ACTUATE CORP
CIK 0001062478
Entity typeother
Related Parties
1- filerCIK 0001275640
Filing Metadata
- Form type
- 4
- Filed
- Jan 31, 7:00 PM ET
- Accepted
- Feb 1, 5:42 PM ET
- Size
- 8.4 KB