Home/Filings/4/0001209191-08-051925
4//SEC Filing

IONA TECHNOLOGIES PLC 4

Accession 0001209191-08-051925

CIK 0001032346operating

Filed

Sep 14, 8:00 PM ET

Accepted

Sep 15, 5:39 PM ET

Size

12.3 KB

Accession

0001209191-08-051925

Insider Transaction Report

Form 4
Period: 2008-09-12
ALSTON LAWRENCE E
VP and Gen. Man. Open Source
Transactions
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2008-09-12$1.37/sh50,000$68,5000 total
    Exercise: $2.68Exp: 2015-02-01Ordinary Shares (50,000 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2008-09-12$1.20/sh41,250$49,5000 total
    Exercise: $2.85Exp: 2015-10-21Ordinary Shares (41,250 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2008-09-12$0.79/sh9,375$7,4060 total
    Exercise: $3.26Exp: 2014-08-17Ordinary 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.

Issuer

IONA TECHNOLOGIES PLC

CIK 0001032346

Entity typeoperating

Related Parties

1
  • filerCIK 0001032346

Filing Metadata

Form type
4
Filed
Sep 14, 8:00 PM ET
Accepted
Sep 15, 5:39 PM ET
Size
12.3 KB