IONA TECHNOLOGIES PLC 4
4 · IONA TECHNOLOGIES PLC · Filed Sep 15, 2008
Insider Transaction Report
Form 4
ALSTON LAWRENCE E
VP and Gen. Man. Open Source
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2008-09-12$1.37/sh−50,000$68,500→ 0 totalExercise: $2.68Exp: 2015-02-01→ Ordinary Shares (50,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2008-09-12$1.20/sh−41,250$49,500→ 0 totalExercise: $2.85Exp: 2015-10-21→ Ordinary Shares (41,250 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2008-09-12$0.79/sh−9,375$7,406→ 0 totalExercise: $3.26Exp: 2014-08-17→ Ordinary Shares (9,375 underlying)
Footnotes (4)
- [F1]This option is either fully exercisable or has become fully exercisable in connection with the recommended acquisition by SPK Acquisitions Limited of IONA Technologies PLC by means of a scheme of arrangement under Section 201 of the Companies Act of Ireland, as amended (the "Acquisition").
- [F2]In connection with the Acquisition, each Ordinary Share was converted into the right to receive US$4.05 in cash, without interest and less any applicable withholding taxes or American Depositary Receipt cancellation fees, and this option was cancelled and converted into the right to receive cash, less any applicable withholding taxes, representing the difference between US$4.05 and the exercise price of this option (US$3.26) multiplied by the number of Ordinary Shares underlying this option.
- [F3]In connection with the Acquisition, each Ordinary Share was converted into the right to receive US$4.05 in cash, without interest and less any applicable withholding taxes or American Depositary Receipt cancellation fees, and this option was cancelled and converted into the right to receive cash, less any applicable withholding taxes, representing the difference between US$4.05 and the exercise price of this option (US$2.68) multiplied by the number of Ordinary Shares underlying this option.
- [F4]In connection with the Acquisition, each Ordinary Share was converted into the right to receive US$4.05 in cash, without interest and less any applicable withholding taxes or American Depositary Receipt cancellation fees, and this option was cancelled and converted into the right to receive cash, less any applicable withholding taxes, representing the difference between US$4.05 and the exercise price of this option (US$2.85) multiplied by the number of Ordinary Shares underlying this option.