4//SEC Filing
Deady John E 4
Accession 0001209191-09-013321
CIK 0001034088other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 5:57 PM ET
Size
10.6 KB
Accession
0001209191-09-013321
Insider Transaction Report
Form 4
ECLIPSYS CORPECLP
Deady John E
Executive Vice President
Transactions
- Award
Option to buy
2009-02-27+85,000→ 625,000 totalExercise: $7.97Exp: 2016-02-27→ Common Stock (85,000 underlying) - Award
Common Stock
2009-02-27+16,666→ 91,304 total - Award
Option to buy
2009-02-27+100,000→ 540,000 totalExercise: $7.97Exp: 2016-02-27→ Common Stock (100,000 underlying)
Footnotes (4)
- [F1]Pending vesting, the Shares are subject to restrictions on transfer. There are four "Vesting Dates" as follows: December 1, 2009, December 1, 2010, December 1, 2011, and December 1, 2012. The Shares shall vest in four equal annual installments on such Vesting Dates, each consisting of 25% of the total number of shares.
- [F2]Compensatory award.
- [F3]The option may be exercised only to the extent vested. The option vests with respect to 25% of the underlying shares on February 27, 2010 and with respect to the remaining 75% of the shares in equal consecutive monthly installments over the following 36 months.
- [F4]The option may be exercised only to the extent vested. The option vests with respect to 25% of the underlying shares on February 27, 2010 and with respect to the remaining 75% of the shares in equal consecutive monthly installments over the following 36 months. However, regardless of vesting, the option will terminate in approximately one year from the date of grant if the Company does not meet non-GAAP EBITDA targets established by the Company's Compensation Committee.
Documents
Issuer
ECLIPSYS CORP
CIK 0001034088
Entity typeother
Related Parties
1- filerCIK 0001349024
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 5:57 PM ET
- Size
- 10.6 KB