4//SEC Filing
Dickson Steve 4
Accession 0001181431-12-052616
CIK 0001088033other
Filed
Sep 30, 8:00 PM ET
Accepted
Oct 1, 8:57 PM ET
Size
24.1 KB
Accession
0001181431-12-052616
Insider Transaction Report
Form 4
Dickson Steve
SVP, Product Management & Mktg
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2012-09-27−65,000→ 0 totalExercise: $16.85Exp: 2020-02-26→ Common Stock (65,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2012-09-27−3,600→ 0 totalExercise: $12.55Exp: 2009-05-14→ Common Stock (3,600 underlying) - Disposition to Issuer
Stock Option (right to buy)
2012-09-27$2.09/sh−33,000$68,970→ 77,000 totalExercise: $25.91Exp: 2021-03-10→ Common Stock (33,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2012-09-27−77,000→ 0 totalExercise: $25.91Exp: 2021-03-10→ Common Stock (77,000 underlying) - Disposition to Issuer
Common Stock
2012-09-27$28.00/sh−14,043$393,204→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2012-09-27$15.45/sh−5,400$83,430→ 3,600 totalExercise: $12.55Exp: 2009-05-14→ Common Stock (5,400 underlying) - Disposition to Issuer
Stock Option (right to buy)
2012-09-27$11.15/sh−65,000$724,750→ 65,000 totalExercise: $16.85Exp: 2020-02-26→ Common Stock (65,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2012-09-27−100,000→ 0 totalExercise: $15.71Exp: 2021-09-09→ Common Stock (100,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2012-09-27$13.41/sh−20,000$268,200→ 0 totalExercise: $14.59Exp: 2015-12-08→ Common Stock (20,000 underlying)
Footnotes (6)
- [F1]Pursuant to the merger of a wholly owned subsidiary of Dell Inc. with and into the Issuer (the "Merger"), such shares were disposed of in exchange for $393,204 in cash.
- [F2]This option, which vests with respect to (a) 20% of the shares underlying the option on the second anniversary of the 09/09/2011 grant date, and, with respect to the remaining shares, (b) 10% upon the completion of each of the next eight six-month periods of employment, was assumed by Dell in the Merger and replaced with an option to purchase 274,563 shares of Dell common stock with an exercise price of $5.73 per share.
- [F3]This option, which vested with respect to 20% of the shares underlying the option on the first anniversary of the 5/14/09 grant date, and, with respect to the remaining shares, vested or vests 10% upon the completion of each of the next eight six-month periods of employment, (a) was cancelled with respect to 5,400 shares of Issuer common stock in the Merger in exchange for the right to receive (within five business days following the effective time of the Merger) a cash payment of $83,430, representing (i) the number of shares underlying the option multiplied by (ii) the excess of $28.00 over the exercise price per share of the option (the "Designated Consideration") and (b) was assumed with respect to 3,600 shares of Issuer common stock in the Merger and replaced with an option to purchase 9,884 shares of Dell common stock with an exercise price of $4.58 per share.
- [F4]This option, which has vested in full, was cancelled in the Merger in exchange for the right to receive (within five business days following the effective time of the Merger) a cash payment of $268,200, representing the Designated Consideration.
- [F5]This option, which vested with respect to 20% of the shares underlying the option on the first anniversary of the 3/10/2011 grant date, and, with respect to the remaining shares, vested or will vest 10% upon the completion of each of the next eight six-month periods of employment, (a) was cancelled with respect to 33,000 shares of Issuer common stock in the Merger in exchange for the right to receive (within five business days following the effective time of the Merger) a cash payment of $68,970, representing the Designated Consideration and (b) was assumed with respect to 77,000 shares of Issuer common stock in the Merger and replaced with an option to purchase 211,414 shares of Dell common stock with an exercise price of $9.44 per share.
- [F6]This option, which vested with respect to 20% of the shares underlying the option on the first anniversary of the 2/26/2010 grant date, and, with respect to the remaining shares, vested or will vest 10% upon the completion of each of the next eight six-month periods of employment, (a) was cancelled with respect to 65,000 shares of Issuer common stock in the Merger in exchange for the right to receive (within five business days following the effective time of the Merger) a cash payment of $724,750, representing the Designated Consideration and (b) was assumed with respect to 65,000 shares of Issuer common stock in the Merger and replaced with an option to purchase 178,466 shares of Dell common stock with an exercise price of $6.14 per share.
Documents
Issuer
QUEST SOFTWARE INC
CIK 0001088033
Entity typeother
Related Parties
1- filerCIK 0001450946
Filing Metadata
- Form type
- 4
- Filed
- Sep 30, 8:00 PM ET
- Accepted
- Oct 1, 8:57 PM ET
- Size
- 24.1 KB