OPEN SOLUTIONS INC 4
4 · OPEN SOLUTIONS INC · Filed Dec 22, 2004
Insider Transaction Report
Form 4
DANIEL GARY E
SVP & GM Credit Union Group
Transactions
- Sale
Common Stock
2004-12-21$25.02/sh−1,925$48,164→ 0 total - Exercise/Conversion
Stock Option (right to buy)
2004-12-21−6,430→ 46,553 totalExercise: $7.25Exp: 2011-03-20→ Common Stock (6,430 underlying) - Exercise/Conversion
Stock Option (right to buy)
2004-12-21−3,495→ 3,401 totalExercise: $7.25Exp: 2012-01-16→ Common Stock (3,495 underlying) - Exercise/Conversion
Common Stock
2004-12-21$7.25/sh+6,430$46,618→ 0 total - Exercise/Conversion
Common Stock
2004-12-21$7.25/sh+3,495$25,339→ 0 total - Sale
Common Stock
2004-12-21$25.10/sh−7,000$175,700→ 0 total - Sale
Common Stock
2004-12-21$25.00/sh−1,000$25,000→ 0 total
Footnotes (3)
- [F1]The reported sale was effected by a broker transaction pursuant to instructions set forth in a Rule 10b5-1 trading plan adopted by the reporting person.
- [F2]This option was granted on 3/20/01 for 82,758 shares of common stock. 25% of the shares vested on 3/20/02 and the remaining shares vest in equal monthly installments thereafter until 3/20/05.
- [F3]This option was granted on 1/16/02 for 6,896 shares of common stock. 25% of the shares vested on 1/16/03 and the remaining shares vest in equal monthly installments thereafter until 1/16/06.