Kissling Jeffrey L 4
4 · INTERWOVEN INC · Filed Mar 18, 2009
Insider Transaction Report
Form 4
INTERWOVEN INCIWOV
Kissling Jeffrey L
SVP of Engineering
Transactions
- Disposition to Issuer
Common Stock
2009-03-16$16.20/sh−5,916$95,839→ 34,084 total - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2009-03-16$2.37/sh−40,000$94,800→ 0 totalExercise: $13.83Exp: 2018-09-08→ Common Stock (40,000 underlying) - Disposition to Issuer
Common Stock
2009-03-16$16.20/sh−34,084$552,161→ 0 total
Footnotes (3)
- [F1]Represents shares withheld for payment of tax liability as a result of the settlement of a restricted stock unit award.
- [F2]Pursuant to an Agreement and Plan of Merger (the "Merger Agreement"), dated as of January 22, 2009, by and among Autonomy Corporation PLC ("Autonomy"), Milan Acquisition Corp. and Interwoven, Inc., each share of Interwoven common stock issued and outstanding immediately prior to the effectiveness of the merger on March 16, 2006 (the "Effective Time") was converted into the right to receive $16.20 in cash.
- [F3]Pursuant to the Merger Agreement, this option was canceled in the merger in exchange for a cash payment of $94,800.00, representing the difference between $16.20 and the exercise price.