Huke S Craig 4

4 · Double-Take Software, Inc. · Filed Feb 18, 2010

Form 4

Period: 2010-02-16

Chief Financial Officer

Transactions

Exercise/Conversion
Common Stock
2010-02-16+3,265→ 3,265 total
Tax Payment
Common Stock
2010-02-16$8.48/sh−1,178$9,989→ 2,087 total
Award
Restricted Stock Units
2010-02-16+11,100→ 11,100 total
Exercise: $0.00→ Common Stock (11,100 underlying)
Exercise/Conversion
Restricted Stock Units
2010-02-16−3,265→ 9,795 total
Exercise: $0.00→ Common Stock (3,265 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 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.
[F5]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.

Documents

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