Beeler Robert L 4
4 · Double-Take Software, Inc. · Filed Feb 18, 2010
Insider Transaction Report
Form 4
Beeler Robert L
VP of Engineering
Transactions
- Exercise/Conversion
Common Stock
2010-02-16+2,810→ 35,949 total - Tax Payment
Common Stock
2010-02-16$8.48/sh−1,014$8,599→ 34,935 total - Exercise/Conversion
Restricted Stock Units
2010-02-16−2,810→ 8,430 totalExercise: $0.00→ Common Stock (0 underlying) - Award
Restricted Stock Units
2010-02-16+10,250→ 10,250 totalExercise: $0.00→ Common Stock (0 underlying)
Footnotes (5)
- [F1]Shares of common stock acquired on the vesting of restricted stock units.
- [F2]Shares of common stock withheld by the issuer for the payment of withholding taxes in connection with the delivery of common stock on the vesting of restricted stock units.
- [F3]Each restricted stock unit represents a contingent right to receive one share of Double-Take Software common stock.
- [F4]The restricted stock units when originally issued were set to vest in four annual installments, beginning on February 16, 2010. The restricted stock units remaining after the reported transaction will vest in three annual installments, beginning February 16, 2011. In certain instances, delivery of shares may be delayed to facilitate the ability of the reporting person to sell shares to cover tax obligations.
- [F5]The restricted stock units vest in four equal annual installments beginning February 16th, 2011. In certain instances, delivery of shares may be delayed to facilitate the ability of the reporting person to sell shares to cover tax obligations.