4//SEC Filing
PITTMAN TODD 4
Accession 0001192482-04-000231
CIK 0001022926other
Filed
Apr 15, 8:00 PM ET
Accepted
Apr 16, 3:18 PM ET
Size
33.8 KB
Accession
0001192482-04-000231
Insider Transaction Report
Form 4
PITTMAN TODD
Chief Financial Officer
Transactions
- Disposition to Issuer
Non-Qualified Stock Option (Right to Buy)
2004-04-14−12,000→ 0 totalExercise: $4.10→ Common Stock (12,000 underlying) - Disposition to Issuer
Common Stock
2004-04-14$6.50/sh−16,544$107,536→ 0 total - Disposition to Issuer
Incentive Stock Option (Right to Buy)
2004-04-14−10,002→ 0 totalExercise: $7.47→ Common Stock (10,002 underlying) - Disposition to Issuer
Non-Qualified Stock Option (Right to Buy)
2004-04-14−6,250→ 0 totalExercise: $2.17→ Common Stock (6,250 underlying) - Disposition to Issuer
Incentive Stock Option (Right to Buy)
2004-04-14−6,250→ 0 totalExercise: $2.17→ Common Stock (6,250 underlying) - Disposition to Issuer
Non-Qualified Stock Option (Right to Buy)
2004-04-14−8,334→ 0 totalExercise: $6.74→ Common Stock (8,334 underlying) - Disposition to Issuer
Incentive Stock Option (Roght to Buy)
2004-04-14−16,666→ 0 totalExercise: $6.74→ Common Stock (16,666 underlying) - Disposition to Issuer
Incentive Stoc Option (Right to Buy)
2004-04-14−33,416→ 0 totalExercise: $11.97→ Common Stock (33,416 underlying) - Disposition to Issuer
Non-Qualified Stock Option (Right to Buy)
2004-04-14−100→ 0 totalExercise: $3.38→ Common Stock (100 underlying) - Disposition to Issuer
Non-Qualified Stock Option (Right to Buy)
2004-04-14−19,998→ 0 totalExercise: $7.47→ Common Stock (19,998 underlying) - Disposition to Issuer
Non-Qualified Stock Option (Right to Buy)
2004-04-14−16,584→ 0 totalExercise: $11.97→ Common Stock (16,584 underlying) - Disposition to Issuer
Incentive Stock Option (Right to Buy)
2004-04-14−13,589→ 0 totalExercise: $3.38→ Common Stock (13,589 underlying) - Disposition to Issuer
Non-Qualified Stock Option (Right to Buy)
2004-04-14−1,411→ 0 totalExercise: $3.38→ Common Stock (1,411 underlying)
Footnotes (11)
- [F1]Disposed of in connection with the consummation of the first-step merger (the "Merger") contemplated by that certain Restated Agreement and Plan of Merger, dated as of January 27, 2004 and restated as of March 4, 2004 (the "Merger Agreement"), by and among the Issuer, Fidelity National Financial, Inc. ("FNF"), Fidelity Information Services, Inc., Sunday Merger Corp. and Sunday Merger, LLC. Pursuant to the Merger Agreement, each outstanding share of the Issuer's Common Stock was converted into the right to receive consideration valued at $6.50 per share in cash, shares of FNF Common Stock or a combination of both.
- [F10]Options vested 50% starting six months from the grant date and another 50% on the first anniversary of the grant date.
- [F11]Options vested one-fourth each year starting on the grant date.
- [F2]Upon consummation of the Merger, each outstanding option to purchase Issuer Common Stock was converted to an option to purchase shares of FNF Common Stock on substantially the same terms, except that the number of shares was adjusted by multiplying the number of Issuer option shares by .1673 (rounding down to the nearest whole number) and the option exercise price was adjusted by dividing the exercise price of each Issuer option by .1673.
- [F3]Options vested 50% on the grant date and another 50% on the first anniversary of the grant date.
- [F4]Each vested segment of the option had a five-year term from the date it first became exercisable.
- [F5]Options vested 50% on the second anniversary of the grant date and another 50% on the third anniversary of the grant date.
- [F6]3,589 options vested on the first anniversary of the grant date, 5,000 options vested on the second anniversary of the grant date and another 5,000 options vested on the third anniversary of the grant date.
- [F7]Options vested on the first anniversary of the grant date.
- [F8]Options had a five-year term from the date they first became exercisable.
- [F9]Options vested one-third each year starting on the first anniversary of the grant date.
Documents
Issuer
SANCHEZ COMPUTER ASSOCIATES INC
CIK 0001022926
Entity typeother
Related Parties
1- filerCIK 0001240957
Filing Metadata
- Form type
- 4
- Filed
- Apr 15, 8:00 PM ET
- Accepted
- Apr 16, 3:18 PM ET
- Size
- 33.8 KB