Morgan Wayne David III 4
4 · ECLIPSYS CORP · Filed Aug 18, 2009
Insider Transaction Report
Form 4
ECLIPSYS CORPECLP
Morgan Wayne David III
Interim CFO
Transactions
- Award
Common Stock
2009-08-14+3,889→ 12,642 total - Award
Option to buy
2009-08-14+23,333→ 49,583 totalExercise: $17.03Exp: 2016-08-14→ Common Stock (23,333 underlying)
Footnotes (3)
- [F1]Pending vesting, the Shares are subject to restrictions on transfer. There are four "Vesting Dates" as follows: June 1, 2010, June 1, 2011, June 1, 2012, and June 1, 2013. 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 August 14, 2010 and with respect to the remaining 75% of the shares in equal consecutive monthly installments over the following 36 months.