DESHPANDE NITIN GOPAL 4
4 · ECLIPSYS CORP · Filed Mar 3, 2009
Insider Transaction Report
Form 4
ECLIPSYS CORPECLP
DESHPANDE NITIN GOPAL
President, Eclipsys India
Transactions
- Award
Option to buy
2009-02-27+45,000→ 90,000 totalExercise: $7.97Exp: 2016-02-27→ Common Stock (45,000 underlying) - Award
Option to buy
2009-02-27+15,000→ 105,000 totalExercise: $7.97Exp: 2016-02-27→ Common Stock (15,000 underlying)
Footnotes (2)
- [F1]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.
- [F2]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.