BORLAND SOFTWARE CORP·4

Mar 2, 4:51 PM ET

Maples Charles Ivan 4

4 · BORLAND SOFTWARE CORP · Filed Mar 2, 2009

Insider Transaction Report

Form 4
Period: 2009-02-27
Maples Charles Ivan
SVP-Research and Development
Transactions
  • Award

    Stock Option (Right to Buy Common Stock)

    2009-02-27+150,000260,000 total
    Exercise: $0.42From: 2010-02-27Exp: 2019-02-27Common Stock (150,000 underlying)
Footnotes (1)
  • [F1]The option shall become exercisable with respect to twenty-five percent (25%)of the option shares on February 27, 2010 and 1/48th of the shares vesting each month thereafter; provided however, that all unvested shares shall vest if within two months prior to or within twelve months following a change in control of the Company, Mr. Maples ceases to be the SVP of Research and Development of the new successor entity, or if Mr. Maples's employment is terminated by the Company other than for cause or as a result of a constructive termination.

Documents

1 file
  • 4
    doc4.xmlPrimary

    FORM 4 SUBMISSION