OPEN SOLUTIONS INC 4
4 · OPEN SOLUTIONS INC · Filed Jun 19, 2006
Insider Transaction Report
Form 4
KERN JAMES R
SVP & GM Banking Group
Transactions
- Exercise/Conversion
Common Stock
2006-06-19$13.05/sh+2,000$26,100→ 0 total - Sale
Common Stock
2006-06-19$24.77/sh−500$12,383→ 0 total - Exercise/Conversion
Stock Option (right to buy)
2006-06-19−2,000→ 36,758 totalExercise: $13.05Exp: 2013-11-17→ Common Stock (2,000 underlying)
Footnotes (2)
- [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 11/17/2003 for 82,758 shares of common stock. 25% of the shares vested on 11/17/2004 and the remaining shares vest in equal monthly installments thereafter until 11/17/2007.