NETEZZA CORP 4
4 · NETEZZA CORP · Filed Aug 24, 2009
Insider Transaction Report
Form 4
Scannell Patrick J Jr
CFO & Sr. Vice President
Transactions
- Exercise/Conversion
Common Stock
2009-08-21$1.00/sh+12,500$12,500→ 12,500 total - Sale
Common Stock
2009-08-21$10.01/sh−12,500$125,095→ 0 total - Sale
Common Stock
2009-08-21$10.01/sh−8,536$85,425→ 0 total(indirect: By Trust) - Exercise/Conversion
Employee Stock Option (right to buy)
2009-08-21−12,500→ 0 totalExercise: $1.00Exp: 2015-01-14→ Common Stock (12,500 underlying) - Sale
Common Stock
2009-08-20$10.00/sh−29,214$292,140→ 8,536 total(indirect: By Trust)
Footnotes (4)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 27, 2007.
- [F2]The reporting person is a trustee and one of the indirect beneficiaries of The Scannell Family Investment Trust and disclaims beneficial ownership of the securities held by The Scannell Family Investment Trust except to the extent of his pecuniary interest therein.
- [F3]The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $10.00 to $10.05 per share. The reporting person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the issuer, or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
- [F4]Represents partial exercise of a fully vested option to purchase an aggregate of 100,000 shares granted by the issuer pursuant to its 2000 Stock Incentive Plan on January 14, 2005.