4//SEC Filing
Maeser Robert K 4
Accession 0001209191-10-010648
CIK 0000854398other
Filed
Feb 18, 7:00 PM ET
Accepted
Feb 19, 8:44 AM ET
Size
10.7 KB
Accession
0001209191-10-010648
Insider Transaction Report
Form 4
XATA CORP /MN/XATA
Maeser Robert K
Chief Technology Officer
Transactions
- Exercise/Conversion
Common stock, $0.01 par value
2010-02-17+11,467→ 44,800 total - Exercise/Conversion
Restricted stock unit
2010-02-17−8,600→ 4,300 total→ Common stock, $0.01 par value (8,600 underlying) - Exercise/Conversion
Restricted stock unit
2010-02-17−2,867→ 5,733 total→ Common stock, $0.01 par value (2,867 underlying)
Footnotes (3)
- [F1]Each restricted stock unit is the economic equivalent of one share of Xata Corporation ("Xata") common stock. Upon vesting in connection with the transaction referenced in footnote 2, one share of Xata common stock was issued in settlement of each unit.
- [F2]Restricted stock units subject to this award were scheduled to vest in one-third increments on 2/4/10, 2/4/11 and 2/4/12 and to be settled in shares of Xata common stock on 2/4/14. As a result of the conversion on 2/17/10 of certain notes issued by Xata, a change in control was deemed to have occurred for purposes of the restricted stock unit award agreements, resulting in the immediate vesting and settlement of the units scheduled to vest on 2/4/11 and the immediate settlement of units previously vested on 2/4/10.
- [F3]Restricted stock units subject to this award were scheduled to vest in one-third increments on 11/3/10, 11/3/11 and 11/3/12 and to be settled in shares of Xata common stock on 11/3/14. As a result of the conversion on 2/17/10 of certain notes issued by Xata, a change in control was deemed to have occurred for purposes of the restricted stock unit award agreements, resulting in the immediate vesting and settlement of the units scheduled to vest on 11/3/10.
Documents
Issuer
XATA CORP /MN/
CIK 0000854398
Entity typeother
Related Parties
1- filerCIK 0001445755
Filing Metadata
- Form type
- 4
- Filed
- Feb 18, 7:00 PM ET
- Accepted
- Feb 19, 8:44 AM ET
- Size
- 10.7 KB