4//SEC Filing
HANDSPRING INC 4
Accession 0001190211-03-000004
CIK 0001091822operating
Filed
Oct 30, 7:00 PM ET
Accepted
Oct 31, 8:22 PM ET
Size
12.1 KB
Accession
0001190211-03-000004
Insider Transaction Report
Form 4
HANDSPRING INCHAND
DUNLEVIE BRUCE
Director
Transactions
- Disposition to Issuer
Common Stock
2003-10-29−4,533,214→ 0 total(indirect: by Benchmark) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2003-10-29−11,250→ 0 totalExercise: $1.02Exp: 2012-11-07→ Common Stock (11,250 underlying) - Disposition to Issuer
Common Stock
2003-10-29−474,093→ 0 total
Footnotes (4)
- [F1]Represents shares held by Mr. Dunlevie and his spouse as trustees under the Bruce and Elizabeth Dunlevie Living Trust U/A/D, 4/8/2002, Bruce and Elizabeth Dunlevie TTEES. These shares were disposed of in connection with the merger of issuer and PalmOne, Inc. on October 29, 2003 (the "Merger") in exchange for 42,668 shares of PalmOne, Inc. common stock valued at $18.33 per share as of the closing of the Merger.
- [F2]Represents shares held by Benchmark Capital Partners II, L.P. as nominee for the following four funds: Benchmark Capital Partners II, L.P.; Benchmark Founders' Fund II, L.P.; Benchmark Founders' Fund II-A, L.P.; and Benchmark Members' Fund II, L.P. Mr. Dunlevie is a Managing Member of Benchmark Capital Management Co. II, LLC, the general partner of each of these four funds. Mr. Dunlevie disclaims beneficial ownership of these shares, except to the extent of any indirect pecuniary interest therein. These shares were disposed of in connection with the Merger in exchange for 407,989 shares of PalmOne, Inc. common stock valued at $18.33 per share as of the closing of the Merger.
- [F3]This option was assumed by PalmOne, Inc. in connection with the Merger and was replaced with an option to purchase 1,012 shares of PalmOne, Inc for $11.33 per share. Upon the closing of the Merger, the vesting of this option accelerated and it is now fully vested.
- [F4]This option was assumed by PalmOne, Inc. in connection with the Merger and was replaced with an option to purchase 1,012 shares of PalmOne, Inc for $30.33 per share. Upon the closing of the Merger, the vesting of this option accelerated and it is now fully vested.
Documents
Issuer
HANDSPRING INC
CIK 0001091822
Entity typeoperating
IncorporatedCA
Related Parties
1- filerCIK 0001091822
Filing Metadata
- Form type
- 4
- Filed
- Oct 30, 7:00 PM ET
- Accepted
- Oct 31, 8:22 PM ET
- Size
- 12.1 KB