4//SEC Filing
WEBMETHODS INC 4
Accession 0001209191-07-034277
CIK 0001035096operating
Filed
May 30, 8:00 PM ET
Accepted
May 31, 9:18 PM ET
Size
13.9 KB
Accession
0001209191-07-034277
Insider Transaction Report
Form 4
WEBMETHODS INCWEBM
LEWIS JACK L
Director
Transactions
- Disposition from Tender
Common Stock
2007-05-29$9.15/sh−45,082$412,500→ 0 total(indirect: By Trust)
Holdings
- 15,000
Stock Option (right to buy)
Exercise: $8.85From: 2002-09-28Exp: 2012-08-28→ Common Stock (15,000 underlying) - 10,745.891
Common Stock (Deferred Shares)
- 10,332.547
Common Stock (Phantom Shares)
- 9,198
Stock Option (right to buy)
Exercise: $6.04From: 1999-12-17Exp: 2009-11-17→ Common Stock (9,198 underlying)
Footnotes (5)
- [F1]Indirect Beneficial Ownership by Oneida Trust.
- [F2]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 or upon a change of control. Vested shares are deliverable when the reporting person's service on the Board of Directors terminates.
- [F3]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.
- [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
- May 30, 8:00 PM ET
- Accepted
- May 31, 9:18 PM ET
- Size
- 13.9 KB