4//SEC Filing
JOHNSON DOUGLAS N 4
Accession 0001185185-10-000291
CIK 0001277270other
Filed
Mar 23, 8:00 PM ET
Accepted
Mar 24, 5:50 PM ET
Size
13.8 KB
Accession
0001185185-10-000291
Insider Transaction Report
Form 4
Telanetix,IncTNXI
JOHNSON DOUGLAS N
DirectorChief Executive Officer
Transactions
- Other
Common Stock
2009-02-19$3.60/sh+64,318$231,545→ 302,358 total - Other
Common Stock
2008-04-21$3.60/sh+67,286$242,230→ 138,275 total - Other
Common Stock
2009-07-23$3.60/sh+57,938$208,577→ 360,296 total - Other
Common Stock
2008-08-01$3.60/sh+64,565$232,434→ 202,840 total
Footnotes (4)
- [F1]On April 21, 2008, the reporting person received 57,938 shares of Telanetix, Inc. common stock pursuant to an "earn-out" provision in the merger agreement pursuant to which Telanetix acquired AccessLine Holdings, Inc. on September 14, 2007. The merger agreement provided that the stockholders of AccessLine would receive additional shares of Telanetix common stock, if AccessLine achieved certain revenue and gross profit targets for four, six month periods ending June 30, 2009. AccessLine achieved a percentage of the target amounts related to the period ending December 31, 2007. As a result, AccessLine's former stockholders, including the reporting person, acquired a pro-rated amount of shares pursuant to the earn-out provision in the merger agreement. For the purpose of determining the number of shares issuable, Telanetix common stock would be valued at $3.60 per share. The reporting person's right to receive additional shares became fixed and irrevocable on September 14, 2007.
- [F2]On August 1, 2008, the reporting person received 64,565 shares of Telanetix, Inc. common stock pursuant to an "earn-out" provision in the merger agreement pursuant to which Telanetix acquired AccessLine Holdings, Inc. on September 14, 2007. The merger agreement provided that the stockholders of AccessLine would receive additional shares of Telanetix common stock, if AccessLine achieved certain revenue and gross profit targets for four, six month periods ending June 30, 2009. AccessLine achieved a percentage of the target amounts related to the period ending June 30, 2008. As a result, AccessLine's former stockholders, including the reporting person, acquired a pro-rated amount of shares pursuant to the earn-out provision in the merger agreement. For the purpose of determining the number of shares issuable, Telanetix common stock would be valued at $3.60 per share. The reporting person's right to receive additional shares became fixed and irrevocable on September 14, 2007.
- [F3]On February 19, 2009, the reporting person received 64,318 shares of Telanetix, Inc. common stock pursuant to an "earn-out" provision in the merger agreement pursuant to which Telanetix acquired AccessLine Holdings, Inc. on September 14, 2007. The merger agreement provided that the stockholders of AccessLine would receive additional shares of Telanetix common stock, if AccessLine achieved certain revenue and gross profit targets for four, six month periods ending June 30, 2009. AccessLine achieved a percentage of the target amounts related to the period ending December 31, 2008. As a result, AccessLine's former stockholders, including the reporting person, acquired a pro-rated amount of shares pursuant to the earn-out provision in the merger agreement. For the purpose of determining the number of shares issuable, Telanetix common stock would be valued at $3.60 per share. The reporting person's right to receive more shares became fixed and irrevocable on September 14, 2007.
- [F4]On July 23, 2009, the reporting person received 57,938 shares of Telanetix, Inc. common stock pursuant to an "earn-out" provision in the merger agreement pursuant to which Telanetix acquired AccessLine Holdings, Inc. on September 14, 2007. The merger agreement provided that the stockholders of AccessLine would receive additional shares of Telanetix common stock, if AccessLine achieved certain revenue and gross profit targets for four, six month periods ending June 30, 2009. AccessLine achieved a percentage of the target amounts related to the period ending June 30, 2009. As a result, AccessLine's former stockholders, including the reporting person, acquired a pro-rated amount of shares pursuant to the earn-out provision in the merger agreement. For the purpose of determining the number of shares issuable, Telanetix common stock would be valued at $3.60 per share. The reporting person's right to receive additional shares became fixed and irrevocable on September 14, 2007.
Documents
Issuer
Telanetix,Inc
CIK 0001277270
Entity typeother
Related Parties
1- filerCIK 0001412606
Filing Metadata
- Form type
- 4
- Filed
- Mar 23, 8:00 PM ET
- Accepted
- Mar 24, 5:50 PM ET
- Size
- 13.8 KB