Home/Filings/4/0001209191-05-037147
4//SEC Filing

DOUBLECLICK INC 4

Accession 0001209191-05-037147

CIK 0001049480operating

Filed

Jul 13, 8:00 PM ET

Accepted

Jul 14, 4:41 PM ET

Size

27.3 KB

Accession

0001209191-05-037147

Insider Transaction Report

Form 4
Period: 2005-05-27
MERRIMAN DWIGHT A
DirectorChief Technology Officer
Transactions
  • Gift

    Common Stock, par value $0.001 per share

    2005-05-2750,0002,822,992 total
  • Disposition to Issuer

    Common Stock, par value $0.001 per share

    2005-07-13$8.50/sh2,823,492$23,999,6820 total
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2005-07-13$3.31/sh50,000$165,5000 total
    Exercise: $5.19Exp: 2011-09-01Common Stock (50,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2005-07-13$8.46/sh368,400$3,118,4690 total
    Exercise: $0.04Exp: 2006-01-31Common Stock (368,400 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2005-07-1330,0000 total
    Exercise: $8.59Exp: 2010-05-01Common Stock (30,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2005-07-13$3.10/sh80,000$248,0000 total
    Exercise: $5.40Exp: 2011-10-01Common Stock (80,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (right to buy)

    2005-07-13140,0000 total
    Exercise: $11.58Exp: 2011-06-18Common Stock (140,000 underlying)
Footnotes (10)
  • [F1]Includes 500 shares acquired under the DoubleClick Employee Stock Purchase Plan on July 13, 2005.
  • [F10]This option, which provided for a vesting of 25% on May 1, 2004 and the remainder in substantially equal monthly installments over a period of thirty-six months commencing on June 1, 2004, was cancelled in the merger for no consideration.
  • [F2]Disposed of pursuant to merger agreement among Click Holding Corp., Click Acquisition Corp. and DoubleClick Inc. in exchange for the right to receive $8.50 per share.
  • [F3]This option, which provided for a vesting of 25% on September 1, 2005 and the remainder in substantially equal monthly installments over a period of thirty-six months commencing on October 1, 2005, was cancelled in the merger in exchange for a cash payment of $165,500, representing the number of shares of common stock subject to such option multiplied by the amount by which $8.50 exceeds the exercise price of the option.
  • [F4]This option, which provided for a vesting in substantially equal monthly installments over a period of thirty-six months commencing on November 1, 2001, was cancelled in the merger in exchange for a cash payment of $248,000, representing the number of shares of common stock subject to such option multiplied by the amount by which $8.50 exceeds the exercise price of the option.
  • [F5]This option, which was fully exercisable prior to the transaction date, was cancelled in the merger in exchange for a cash payment of $3,118,469.16, representing the number of shares of common stock subject to such option multiplied by the amount by which $8.50 exceeds the exercise price of the option.
  • [F6]This option, which provided for a vesting in substantially equal monthly installments over a period of twelve months commencing on September 18, 2001 was cancelled in the merger for no consideration.
  • [F7]This option, which provided for a vesting in substantially equal monthly installments over a period of twelve months commencing on September 18, 2002 was cancelled in the merger for no consideration.
  • [F8]This option, which provided for a vesting in substantially equal monthly installments over a period of twelve months commencing on September 18, 2003 was cancelled in the merger for no consideration.
  • [F9]This option, which provided for a vesting of 33% on October 1, 2002 and the remainder in substantially equal monthly installments over a period of thirty months commencing on November 1, 2002, was cancelled in the merger for no consideration.

Issuer

DOUBLECLICK INC

CIK 0001049480

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001049480

Filing Metadata

Form type
4
Filed
Jul 13, 8:00 PM ET
Accepted
Jul 14, 4:41 PM ET
Size
27.3 KB