OPEN SOLUTIONS INC|4Oct 4, 11:01 AM ET

OPEN SOLUTIONS INC 4

4 · OPEN SOLUTIONS INC · Filed Oct 4, 2006

Form 4

Period: 2006-10-03

SVP, Marketing & Product Mgmt

Transactions

Sale
Common Stock
2006-10-03$28.12/sh−800$22,496→ 5,580 total
Exercise/Conversion
Common Stock
2006-10-03$7.25/sh+500$3,625→ 0 total
Sale
Common Stock
2006-10-03$28.18/sh−700$19,727→ 0 total
Sale
Common Stock
2006-10-03$28.12/sh−1,000$28,124→ 0 total
Sale
Common Stock
2006-10-03$28.30/sh−500$14,150→ 0 total
Exercise/Conversion
Stock Option (right to buy)
2006-10-03−500→ 2,139 total
Exercise: $7.25Exp: 2011-01-25→ Common Stock (500 underlying)
Exercise/Conversion
Stock Option (right to buy)
2006-10-03−1,000→ 13,335 total
Exercise: $2.89Exp: 2013-05-06→ Common Stock (1,000 underlying)
Exercise/Conversion
Common Stock
2006-10-03$2.89/sh+1,000$2,890→ 0 total

Footnotes (5)

[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 is fully vested.
[F3]This option was granted on 5/6/03 for 34,482 shares of common stock. 25% of the shares vested on 5/6/04 and the remaining shares vest in equal monthly installments thereafter until 5/6/07.
[F4]This option was granted on 1/31/04 for 50,000 shares of common stock. 25% of the shares vested on 1/31/05 and the remaining shares vest in equal monthly installments thereafter until 1/31/08.
[F5]This option was granted on 2/14/05 for 36,650 shares of common stock. 25% of the shares vested on 2/14/06 and the remaining shares vest in equal monthly installments thereafter until 2/14/09.

Documents

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