Home/Filings/4/0001209191-05-001638
4//SEC Filing

MCLEAN PAUL 4

Accession 0001209191-05-001638

CIK 0000883741other

Filed

Jan 4, 7:00 PM ET

Accepted

Jan 5, 2:55 PM ET

Size

22.6 KB

Accession

0001209191-05-001638

Insider Transaction Report

Form 4
Period: 2004-12-31
MCLEAN PAUL
Executive Vice President
Transactions
  • Disposition from Tender

    Common Stock

    2004-12-3115,773
  • Disposition to Issuer

    Option to purchase common stock

    2004-12-315,0000 total
    Exercise: $1.22From: 2001-06-01Exp: 2011-06-01Common stock (5,000 underlying)
  • Disposition to Issuer

    Option to purchase common stock

    2004-12-3150,0250 total
    Exercise: $0.18From: 2003-12-15Exp: 2013-12-15Common stock (50,025 underlying)
  • Disposition to Issuer

    Option to purchase common stock

    2004-12-3131,2500 total
    Exercise: $0.18From: 2003-12-15Exp: 2013-12-15Common stock (31,250 underlying)
  • Disposition to Issuer

    Option to purchase common stock

    2004-12-31250,0000 total
    Exercise: $0.15From: 2002-08-27Exp: 2012-08-27Common stock (250,000 underlying)
  • Disposition to Issuer

    Option to purchase common stock

    2004-12-313,7500 total
    Exercise: $0.18From: 2003-12-15Exp: 2013-12-15Common stock (3,750 underlying)
  • Disposition to Issuer

    Option to purchase common stock

    2004-12-31475,0000 total
    Exercise: $0.18From: 2008-03-31Exp: 2013-12-15Common stock (475,000 underlying)
  • Disposition to Issuer

    Option to purchase common stock

    2004-12-31200,0000 total
    Exercise: $0.15From: 2002-08-27Exp: 2012-08-27Common stock (200,000 underlying)
Footnotes (4)
  • [F1]Disposed of pursuant to merger agreement between issuer and Technology Solutions Company ("TSC") in exchange for 2,365 shares of TSC common stock having a market value of $1.11 per share on the effective date of the merger.
  • [F2]This option, which is fully exercisable, was assumed by TSC in the merger and replaced with an option to purchase a number of shares of TSC common stock equal to the number of Zamba shares disclosed above multiplied by 0.15 at a price per share equal to the exercise price shown above divided by 0.15.
  • [F3]Subject to acceleration based on the attainment of specified performance measures for individual quarters in the period from July 1, 2003 through June 30, 2005. This option was assumed by TSC in the merger and replaced with an option to purchase 71,250 shares of TSC common stock at an exercise price of $1.20 per share.
  • [F4]This option, which became exercisable as to 12.5% on December 15, 2003, then as to an additional 6.25% each calendar quarter thereafter, was assumed by TSC in the merger and replaced with an option to acquire 71,250 shares of TSC common stock at an exercise price of $1.20 per share.

Issuer

ZAMBA CORP

CIK 0000883741

Entity typeother

Related Parties

1
  • filerCIK 0001243846

Filing Metadata

Form type
4
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 2:55 PM ET
Size
22.6 KB