4//SEC Filing
WEBMETHODS INC 4
Accession 0001209191-06-053676
CIK 0001035096operating
Filed
Oct 3, 8:00 PM ET
Accepted
Oct 4, 9:36 PM ET
Size
13.9 KB
Accession
0001209191-06-053676
Insider Transaction Report
Form 4
WEBMETHODS INCWEBM
RIECHERS GENE
Director
Transactions
- Award
Common Stock (Phantom Shares)
2006-10-02$7.70/sh+1,479.274$11,390→ 12,835.299 total
Holdings
- 10,745.891
Common Stock (Deferred Shares)
- 30,125
Common Stock
- 55,188
Stock Option (right to buy)
Exercise: $6.04From: 1999-12-17Exp: 2009-11-17→ Common Stock (55,188 underlying) - 15,000
Stock Option (right to buy)
Exercise: $8.85From: 2002-09-28Exp: 2012-08-28→ Common Stock (15,000 underlying)
Footnotes (5)
- [F1]Each Deferred Share represents a contingent right to receive one share of Common Stock. The Deferred Shares vest on the first anniversary of the date of grant. Vested shares are deliverable when the reporting person's service on the Board of Directors terminates.
- [F2]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 and fees accrued during the previous quarter divided by the fair market value of webMethods?s common stock, as calculated in accordance with the Plan. The Phantom Shares will be paid to the Reporting Person in the form of common stock, as soon as practicable after the earlier of the Reporting Person?s termination of service as a director or the termination of the Plan.
- [F3]Beneficial ownership of 11356.025 of the 12835.299 Phantom Shares was reported on Table II of the Reporting Person's previous Form 4 filing.
- [F4]Option vests ratably over 36 months following option grant date.
- [F5]Option vests ratably over twelve months following option grant date.
Documents
Issuer
WEBMETHODS INC
CIK 0001035096
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001035096
Filing Metadata
- Form type
- 4
- Filed
- Oct 3, 8:00 PM ET
- Accepted
- Oct 4, 9:36 PM ET
- Size
- 13.9 KB