BLUE COAT SYSTEMS INC 4
4 · BLUE COAT SYSTEMS INC · Filed Feb 17, 2012
Insider Transaction Report
Form 4
ANDREWS MARC
SVP,Worldwide Field Operations
Transactions
- Disposition to Issuer
Restricted Stock Unit
2012-02-15−25,400→ 0 totalExercise: $0.00→ Common Stock (25,400 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2012-02-15−50,000→ 0 totalExercise: $16.06→ Common Stock (50,000 underlying)
Footnotes (1)
- [F1]Pursuant to the Agreement and Plan of Merger dated as of December 8, 2011 among Blue Coat Systems, Inc. ("Blue Coat"), Project Barbour Holdings Corporation and Project Barbour Merger Corp., (i) all outstanding shares of Blue Coat stock (including unvested restricted shares) were cancelled in exchange for the right to receive an amount per share in cash of $25.81 and (ii) all outstanding Blue Coat stock options and restricted stock units, whether vested or unvested, were cancelled in exchange for the right to receive an amount per share in cash of $25.81 less, in the case of stock options, the per share exercise price (or, if the per share exercise price was above $25.81, the stock option was cancelled for no consideration).