4//SEC Filing
Krzeminski Keith S 4
Accession 0001181431-11-014886
CIK 0000890801other
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 8:34 PM ET
Size
15.8 KB
Accession
0001181431-11-014886
Insider Transaction Report
Form 4
McAfee, Inc.MFE
Krzeminski Keith S
CAO, SVP Finance
Transactions
- Disposition to Issuer
Common Stock
2011-02-28−6,833→ 0 total - Award
Common Stock
2011-02-28+2,600→ 5,850 total - Disposition to Issuer
Common Stock
2011-02-28−5,850→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2011-02-28−7,500→ 0 totalExercise: $40.41Exp: 2020-02-16→ Common Stock (7,500 underlying) - Award
Common Stock
2011-02-28+3,250→ 3,250 total - Disposition to Issuer
Employee Stock Option (right to buy)
2011-02-28−2,812→ 0 totalExercise: $32.49Exp: 2017-04-30→ Common Stock (2,812 underlying)
Footnotes (8)
- [F1]Shares are represented by restricted stock units.
- [F2]Pursuant to the Merger Agreement, the restricted stock units will be assumed by Intel and converted into a restricted stock unit for 2.217192 shares of Intel common stock per share of MFE common stock.
- [F3]Shares are represented by performance share units subject to the achievement of certain performance objectives. Pursuant to the Change of Control and Retention Agreement effective February 1, 2010 between the Reporting Person and the Issuer (the "Change of Control Agreement"), upon the effectiveness of the merger, the February 17, 2009 performance share unit award was converted to provide for vesting as if the award had been granted originally with a four-year vesting schedule, except to the extent the award is not fully vested at the 18-month anniversary of the merger, in which case it will fully vest on such 18-month anniversary.
- [F4]Shares are represented by performance share units subject to the achievement of certain performance objectives. Pursuant to the Change of Control Agreement, upon the effectiveness of the merger, the February 16, 2010 performance share unit award was converted to provide for vesting as if the award had been granted originally with a four-year vesting schedule, except to the extent the award is not fully vested at the 18-month anniversary of the merger, in which case it will fully vest on such 18-month anniversary.
- [F5]Pursuant to the Merger Agreement, the performance share units will be assumed by Intel and converted into an award with time based vesting for 2.217192 shares of Intel common stock per share of MFE common stock.
- [F6]The option was granted on April 30, 2007 and provided for vesting of one-fourth of the shares subject to the option on April 30, 2008 and one thirty-sixth of the remaining shares vest monthly over the following thirty-six months.
- [F7]Pursuant to the Merger Agreement, the option will be assumed by Intel and converted into an option to purchase 2.217192 shares of Intel common stock for each share of MFE common stock at an exercise price equal to the current exercise price divided by 2.217192 per share.
- [F8]The option was granted on February 16, 2010 and provided for vesting of one-fourth of the shares subject to the option on February 16, 2011 and one thirty-sixth of the remaining shares vest monthly over the following thirty-six months.
Documents
Issuer
McAfee, Inc.
CIK 0000890801
Entity typeother
Related Parties
1- filerCIK 0001431613
Filing Metadata
- Form type
- 4
- Filed
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 8:34 PM ET
- Size
- 15.8 KB