VISUAL SCIENCES, INC. 4
4 · VISUAL SCIENCES, INC. · Filed Jan 22, 2008
Insider Transaction Report
Form 4
Long Claire
Chief Financial Officer
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2008-01-17−20,000→ 0 totalExercise: $12.66From: 2007-01-02Exp: 2014-01-01→ Common Stock (20,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2008-01-17−50,000→ 0 totalExercise: $14.33From: 2006-11-15Exp: 2013-11-14→ Common Stock (50,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2008-01-17−70,000→ 0 totalExercise: $17.29From: 2006-02-03Exp: 2013-02-02→ Common Stock (70,000 underlying) - Disposition to Issuer
Common Stock
2008-01-17−3,000→ 0 total
Footnotes (3)
- [F1]Pursuant to the Agreement and Plan of Reorganization (the "Merger Agreement") dated as of October 25, 2007 by and among Visual Sciences, Inc. ("Visual Sciences"), Omniture, Inc. ("Omniture") and Voyager Acquisition Corp, a wholly-owned subsidiary of Omniture ("Merger Sub"), immediately upon the effectiveness of the merger of Merger Sub with and into Visual Sciences (the "Merger"), each of these shares of common stock were cancelled and converted into the right to receive 0.49 shares of Omniture common stock and $2.39 in cash.
- [F2]1/4 of the underlying shares vest on the first anniversary of the date listed, and 1/48th of the underlying shares vest monthly thereafter.
- [F3]Pursuant to the Merger Agreement, on the effective date of the Merger, these options were assumed by Omniture and converted into options to acquire that number of shares of Omniture common stock which is equal to the number of shares of Visual Sciences common stock subject to such options immediately prior to the Merger multiplied by 0.57382 with a per share exercise price equal to the quotient determined by dividing the per share exercise price of such options immediately prior to the Merger by 0.57382.