4//SEC Filing
KORMUSHOFF ALEX 4
Accession 0001209191-09-047282
CIK 0000869570other
Filed
Oct 4, 8:00 PM ET
Accepted
Oct 5, 12:54 PM ET
Size
9.7 KB
Accession
0001209191-09-047282
Insider Transaction Report
Form 4
SPSS INCSPSS
Transactions
- Award
Common Stock, $0.01 par value
2009-10-02+40,500→ 69,225 total - Disposition to Issuer
Common Stock, $0.01 par value
2009-10-02$50.00/sh−23,103$1,155,150→ 28,725 total - Disposition to Issuer
Common Stock, $0.01 par value
2009-10-02$50.00/sh−69,225$3,461,250→ 0 total
Footnotes (3)
- [F1]These shares of SPSS common stock are being disposed of in exchange for $50.00 per share in connection with the merger agreement pursuant to which International Business Machines Corporation acquired SPSS.
- [F2]These shares of common stock were granted to the reporting person on January 8, 2009 in the form of restricted share units ("RSUs") subject to the achievement of performance targets. Each RSU represents the right to receive one share of SPSS common stock. This RSU grant was not yet reported because the performance targets were not yet achieved. In accordance with the terms of the original grant, these RSUs vested and were deemed acquired upon the closing of the merger pursuant to which International Business Machines Corporation acquired SPSS (regardless of whether any applicable performance targets have been satisfied). As such, this RSU grant is being reported as of the effective date of the merger.
- [F3]These shares of SPSS common stock were granted in the form of restricted share units ("RSUs"). Each RSU represents the right to receive one share of SPSS common stock. 28,725 of these RSUs were subject to a time-based vesting schedule and 40,500 of these RSUs were subject to a performance-based vesting schedule. In accordance with the terms of the grant and the merger agreement pursuant to which International Business Machines Corporation acquired SPSS, in exchange for these RSUs, the reporting person became entitled to receive a cash payment equal to the merger consideration ($50.00) multipled by the number of shares of common stock subject to the RSUs.
Documents
Issuer
SPSS INC
CIK 0000869570
Entity typeother
Related Parties
1- filerCIK 0001272196
Filing Metadata
- Form type
- 4
- Filed
- Oct 4, 8:00 PM ET
- Accepted
- Oct 5, 12:54 PM ET
- Size
- 9.7 KB