DRAMIS FRANCIS A JR 4
4 · WEBMETHODS INC · Filed Oct 13, 2006
Insider Transaction Report
Form 4
WEBMETHODS INCWEBM
DRAMIS FRANCIS A JR
Director
Transactions
- Award
Stock Option (right to buy)
2006-10-11+55,188→ 55,188 totalExercise: $7.27From: 2006-11-11Exp: 2013-10-11→ Common Stock (55,188 underlying) - Award
Common Stock (Deferred Shares)
2006-10-11$7.27/sh+10,314.484$74,986→ 10,314.484 total
Footnotes (2)
- [F1]Each Deferred Share represents a contingent right to receive one share of Common Stock. The Deferred Shares vest on August 29, 2007 or, if earlier, the date of the next annual meeting of stockholders. Vested shares are deliverable when the reporting person's service on the Board of Directors terminates.
- [F2]Option vests ratably over 36 months following option grant date.