4//SEC Filing
Fudge Alan 4
Accession 0001181431-12-052621
CIK 0001088033other
Filed
Sep 30, 8:00 PM ET
Accepted
Oct 1, 8:59 PM ET
Size
20.2 KB
Accession
0001181431-12-052621
Insider Transaction Report
Form 4
Fudge Alan
Senior VP, Worldwide Sales
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2012-09-27$2.09/sh−42,000$87,780→ 98,000 totalExercise: $25.91Exp: 2021-03-10→ Common Stock (42,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2012-09-27−40,000→ 0 totalExercise: $16.00Exp: 2019-08-13→ Common Stock (40,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2012-09-27−91,000→ 0 totalExercise: $15.71Exp: 2021-09-09→ Common Stock (91,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2012-09-27$12.00/sh−40,000$480,000→ 40,000 totalExercise: $16.00Exp: 2019-08-13→ Common Stock (40,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2012-09-27−98,000→ 0 totalExercise: $25.91Exp: 2021-03-10→ Common Stock (98,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2012-09-27$11.15/sh−51,675$576,176→ 51,675 totalExercise: $16.85Exp: 2020-02-26→ Common Stock (51,675 underlying) - Disposition to Issuer
Stock Option (right to buy)
2012-09-27−51,675→ 0 totalExercise: $16.85Exp: 2020-02-26→ Common Stock (51,675 underlying)
Footnotes (4)
- [F1]Pursuant to the merger of a wholly owned subsidiary of Dell Inc. with and into the Issuer (the "Merger"), 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 249,852 shares of Dell common stock with an exercise price of $5.73 per share
- [F2]This option, which vested with respect to 20% of the shares underlying the option on the first anniversary of the 08/13/2009 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 40,000 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 $480,000, 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 40,000 shares of Issuer common stock in the Merger and replaced with an option to purchase 109,825 shares of Dell common stock with an exercise price of $5.83 per share.
- [F3]This option, which vested with respect to 20% of the shares underlying the option on the first anniversary of the 03/10/2011 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 42,000 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 $87,780, representing the Designated Consideration and (b) was assumed with respect to 98,000 shares of Issuer common stock in the Merger and replaced with an option to purchase 269,072 shares of Dell common stock with an exercise price of $9.44 per share.
- [F4]This option, which vested with respect to 20% of the shares underlying the option on the first anniversary of the 02/26/2010 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 51,675 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 $576,176.25, representing the Designated Consideration and (b) was assumed with respect to 51,675 shares of Issuer common stock in the Merger and replaced with an option to purchase 141,880 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 0001470080
Filing Metadata
- Form type
- 4
- Filed
- Sep 30, 8:00 PM ET
- Accepted
- Oct 1, 8:59 PM ET
- Size
- 20.2 KB