4//SEC Filing
HOSKINS MICHAEL E 4
Accession 0001181431-13-021893
CIK 0001042821other
Filed
Apr 10, 8:00 PM ET
Accepted
Apr 11, 3:14 PM ET
Size
13.2 KB
Accession
0001181431-13-021893
Insider Transaction Report
Form 4
HOSKINS MICHAEL E
Chief Technology Officer
Transactions
- Disposition to Issuer
Common Stock
2013-04-11$9.20/sh−950,000$8,740,000→ 0 total(indirect: Rotenburg L.P.) - Disposition to Issuer
Stock Option (right to buy)
2013-04-11$3.37/sh−68,608$231,209→ 0 totalExercise: $5.83Exp: 2014-06-24→ Common Stock (68,608 underlying) - Disposition to Issuer
Common Stock
2013-04-11$9.20/sh−230,000$2,116,000→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2013-04-11$3.37/sh−51,392$173,191→ 0 totalExercise: $5.83Exp: 2014-06-24→ Common Stock (51,392 underlying) - Disposition to Issuer
Stock Option (right to buy)
2013-04-11$5.20/sh−75,000$390,000→ 0 totalExercise: $4.00Exp: 2014-12-02→ Common Stock (75,000 underlying)
Footnotes (3)
- [F1]Shares are net of dispositions by gift that were made by the reporting person during the issuer's current fiscal year and therefore have not yet been reported on Form 5.
- [F2]Pursuant to the Agreement and Plan of Merger, dated January 28, 2013, by and among the issuer, Actian Corporation and Actian Sub II, Inc. (the "Merger Agreement"), at the effective time of the merger, all shares of the issuer's Common Stock that were outstanding immediately prior to the effective time were cancelled and converted into the right to receive an amount in cash, without interest and subject to applicable withholding for taxes, equal to $9.20 per share.
- [F3]Pursuant to the Merger Agreement, at the effective time of the merger, the option was cancelled and converted into the right to receive an amount in cash, without interest and subject to applicable withholding for taxes, equal to the product of (x) the excess, if any, of (A) $9.20, less (B) the exercise price per share attributable to such option, multiplied by (y) the total number of shares of the issuer's Common Stock issuable upon exercise in full of such option.
Documents
Issuer
PERVASIVE SOFTWARE INC
CIK 0001042821
Entity typeother
Related Parties
1- filerCIK 0001271375
Filing Metadata
- Form type
- 4
- Filed
- Apr 10, 8:00 PM ET
- Accepted
- Apr 11, 3:14 PM ET
- Size
- 13.2 KB