4//SEC Filing
Davidson Scott 4
Accession 0001181431-12-052619
CIK 0001088033other
Filed
Sep 30, 8:00 PM ET
Accepted
Oct 1, 8:58 PM ET
Size
24.2 KB
Accession
0001181431-12-052619
Insider Transaction Report
Form 4
Davidson Scott
Senior Vice President and CFO
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2012-09-27$13.41/sh−15,000$201,150→ 0 totalExercise: $14.59Exp: 2015-12-08→ Common Stock (15,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2012-09-27$15.45/sh−36,500$563,925→ 28,000 totalExercise: $12.55Exp: 2009-05-14→ Common Stock (36,500 underlying) - Disposition to Issuer
Stock Option (right to buy)
2012-09-27−28,000→ 0 totalExercise: $12.55Exp: 2009-05-14→ Common Stock (28,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2012-09-27$2.09/sh−46,650$97,499→ 108,850 totalExercise: $25.91Exp: 2021-03-10→ Common Stock (46,650 underlying) - Disposition to Issuer
Stock Option (right to buy)
2012-09-27−108,850→ 0 totalExercise: $25.91Exp: 2021-03-10→ Common Stock (108,850 underlying) - Disposition to Issuer
Stock Option (right to buy)
2012-09-27$11.15/sh−71,175$793,601→ 71,175 totalExercise: $16.85Exp: 2020-02-26→ Common Stock (71,175 underlying) - Disposition to Issuer
Stock Option (right to buy)
2012-09-27−71,175→ 0 totalExercise: $16.85Exp: 2020-02-26→ Common Stock (71,175 underlying) - Disposition to Issuer
Common Stock
2012-09-27$28.00/sh−15,515$434,420→ 0 total - 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)
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 $434,420 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 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 $201,150, representing (a) the number of shares underlying the option multiplied by (b) the excess of $28.00 over the exercise price per share of the option the ("Designated Consideration").
- [F4]This option, which vested with respect to 20% of the shares underlying the option on the first anniversary of the 05/14/2009 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 36,500 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 $563,925, representing the Designated Consideration and (b) was assumed with respect to 28,000 shares of Issuer common stock in the Merger and replaced with an option to purchase 76,877 shares of Dell common stock with an exercise price of $4.58 per share.
- [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 vests 10% upon the completion of each of the next eight six-month periods of employment, (a) was cancelled with respect to 46,650 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 $97,498.50, representing the Designated Consideration and (b) was assumed with respect to 108,850 shares of Issuer common stock in the Merger and replaced with an option to purchase 298,862 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 vests 10% upon the completion of each of the next eight six-month periods of employment, (a) was cancelled with respect to 71,175 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 $793,601.25, representing the Designated Consideration and (b) was assumed with respect to 71,175 shares of Issuer common stock in the Merger and replaced with an option to purchase 195,420 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 0001415242
Filing Metadata
- Form type
- 4
- Filed
- Sep 30, 8:00 PM ET
- Accepted
- Oct 1, 8:58 PM ET
- Size
- 24.2 KB