Home/Filings/4/0001209191-05-019945
4//SEC Filing

WEBMETHODS INC 4

Accession 0001209191-05-019945

CIK 0001035096operating

Filed

Apr 6, 8:00 PM ET

Accepted

Apr 7, 9:24 PM ET

Size

13.3 KB

Accession

0001209191-05-019945

Insider Transaction Report

Form 4
Period: 2005-04-05
LEWIS JACK L
Director
Transactions
  • Award

    Phantom Stock

    2005-04-05$5.48/sh+1,124.888$6,1642,469.561 total
    Common Stock (1,124.888 underlying)
Holdings
  • Common Stock

    (indirect: By Trust)
    50,000
  • Stock Option (to buy)

    Exercise: $6.04From: 1999-12-17Exp: 2009-11-17Common Stock (9,198 underlying)
    9,198
  • Common Stock

    (indirect: By Trust)
    138,082
  • Stock Option (to buy)

    Exercise: $8.85From: 2002-09-28Exp: 2012-08-28Common Stock (15,000 underlying)
    150,000
  • Stock Option (to buy)

    Exercise: $8.32From: 2003-09-26Exp: 2013-08-26Common Stock (15,000 underlying)
    15,000
Footnotes (6)
  • [F1]Shares are held by family trusts of which Mr. Lewis' spouse is trustee. Mr. Lewis disclaims beneficial ownership of these shares.
  • [F2]Option vests ratably over 36 months following option grant date.
  • [F3]Option vests ratably over twelve months following option grant date.
  • [F4]Pursuant to the webMethods, Inc. Deferred Compensation Plan for Directors (the "Plan"), the reporting person has elected to defer receipt of his retainer and fees for attending Board and Committee meetings and receive shares of common stock valued by the quotient of the amount of Director retainer fees accrued during the previous quarter divided by the fair market value of webMethods' common stock, as calculated in accordance with the Plan.
  • [F5]One for one
  • [F6]The phantom stock will be paid to the reporting person in the form of common stock, as soon as practicable after the earliest of the reporting person?s termination of service as a director, the termination of the Plan or the time that the Administrator under the Plan approves a distribution in the event of severe financial hardship.

Issuer

WEBMETHODS INC

CIK 0001035096

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001035096

Filing Metadata

Form type
4
Filed
Apr 6, 8:00 PM ET
Accepted
Apr 7, 9:24 PM ET
Size
13.3 KB