4//SEC Filing
Demlow David J 4
Accession 0001209191-10-010435
CIK 0001370314other
Filed
Feb 17, 7:00 PM ET
Accepted
Feb 18, 4:37 PM ET
Size
13.7 KB
Accession
0001209191-10-010435
Insider Transaction Report
Form 4
Demlow David J
Chief Techology Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2010-02-16−2,015→ 6,045 totalExercise: $0.00→ Common Stock (0 underlying) - Award
Restricted Stock Units
2010-02-16+10,250→ 10,250 totalExercise: $0.00→ Common Stock (10,250 underlying) - Exercise/Conversion
Common Stock
2010-02-16+2,015→ 35,161 total - Tax Payment
Common Stock
2010-02-16$8.48/sh−727$6,165→ 34,434 total - Gift
Common Stock
2010-02-17−900→ 33,534 total
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.
Documents
Issuer
Double-Take Software, Inc.
CIK 0001370314
Entity typeother
Related Parties
1- filerCIK 0001382852
Filing Metadata
- Form type
- 4
- Filed
- Feb 17, 7:00 PM ET
- Accepted
- Feb 18, 4:37 PM ET
- Size
- 13.7 KB