Omniture, Inc. 4
4 · Omniture, Inc. · Filed Oct 27, 2009
Insider Transaction Report
Form 4
Omniture, Inc.OMTR
O'Driscoll Rory
Director
Transactions
- Disposition from Tender
Common Stock
2009-10-23$21.50/sh−1,750,953$37,645,490→ 0 total(indirect: See FN) - Disposition to Issuer
Stock Appreciation Right
2009-10-23$21.50/sh−9,500$204,250→ 0 totalExercise: $10.60Exp: 2019-05-12→ Common Stock (9,500 underlying) - Disposition to Issuer
Restricted Stock Unit
2009-10-23$21.50/sh−3,500$75,250→ 0 total→ Common Stock (3,500 underlying)
Footnotes (7)
- [F1]The shares were tendered in connection with an Agreement and Plan of Merger dated 9/15/09 by and among Adobe Systems Incorporated, Snowbird Acquisition Corporation and the Issuer (the "Merger Agreement").
- [F2]The shares were held and tendered by Scale Venture Partners II, L.P. ("SVP"). The voting and disposition of shares held by SVP is determined by a majority of the six managing members of Scale Venture Management II, LLC ("Scale"), its general partner. The Reporting Person is a managing member of Scale and as such has a pecuniary interest in a portion of the shares that were held by SVP. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his proportionate pecuniary interest therein.
- [F3]In connection with the transactions contemplated by the Merger Agreement, the vesting of the security accelerated and such became fully vested on 10/23/09.
- [F4]The securities were cashed out at a value of $21.50 per security, minus the exercise price, if any.
- [F5]Pursuant to the policies of Scale, and its affiliates, the Reporting Person, who is a managing member of Scale, is deemed to hold the reported security for the benefit of SVP. SVP may be deemed the indirect beneficial owner of the security. The Reporting Person disclaims beneficial ownership of the security except to the extent of his pecuniary interest therein.
- [F6]Each restricted stock unit represents a contingent right to receive one share of common stock.
- [F7]One hundred percent of the shares subject to the restricted stock unit were to vest on the day prior to the Issuer's 2010 Annual Meeting of Stockholders.