Violante Francesco 4
4 · IONA TECHNOLOGIES PLC · Filed Sep 15, 2008
Insider Transaction Report
Form 4
Violante Francesco
Director
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2008-09-12$0.63/sh−21,000$13,230→ 0 totalExercise: $3.42Exp: 2014-08-18→ Ordinary Shares (21,000 underlying) - Disposition to Issuer
Ordinary Shares
2008-09-12$4.05/sh−1,300$5,265→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2008-09-12$1.80/sh−3,000$5,400→ 0 totalExercise: $2.25Exp: 2012-07-30→ Ordinary Shares (3,000 underlying)
Footnotes (8)
- [F1]Includes American Depositary Shares evidenced by American Depositary Receipts ("ADRs"), each of which represents one Ordinary Share.
- [F2]Each Ordinary Share was converted into the right to receive US$4.05 in cash, without interest and less any applicable withholding taxes or ADR cancellation fees, 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").
- [F3]This option is either fully exercisable or has become fully exercisable in connection with the Acquisition.
- [F4]This option was cancelled in connection with the Acquisition 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$2.25) multiplied by the number of Ordinary Shares underlying this option.
- [F5]This option was cancelled in connection with the Acquisition 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$3.16) multiplied by the number of Ordinary Shares underlying this option.
- [F6]This option was cancelled in connection with the Acquisition 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$3.42) multiplied by the number of Ordinary Shares underlying this option.
- [F7]This option was cancelled in connection with the Acquisition 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$3.25) multiplied by the number of Ordinary Shares underlying this option.
- [F8]This option was cancelled in connection with the Acquisition 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$3.36) multiplied by the number of Ordinary Shares underlying this option.