YOUNG JOHN W 4
4 · Double-Take Software, Inc. · Filed Jul 27, 2010
Insider Transaction Report
Form 4
YOUNG JOHN W
Director
Transactions
- Disposition to Issuer
Common Stock
2010-07-23$10.55/sh−30,408$320,804→ 0 total - Disposition to Issuer
Employee Stock Option ? right to Buy
2010-07-23$3.49/sh−5,102$17,806→ 0 totalExercise: $7.06Exp: 2016-09-14→ Common Stock (5,102 underlying) - Disposition to Issuer
Employee Stock Option ? right to Buy
2010-07-23$3.49/sh−10,204$35,612→ 0 totalExercise: $7.06Exp: 2016-10-05→ Common Stock (10,204 underlying)
Footnotes (2)
- [F1]Cancelled, extinguished and converted into the right to receive merger consideration of $10.55 per share pursuant to the merger agreement between the Issuer, Vision Solutions, Inc. and HA Merger Sub, Inc.
- [F2]This option was cancelled in the merger in exchange for a cash payment of $3.49 per share, which represents the difference between the exercise price of the option and the consideration payable in the merger for shares of the Issuer's common stock ($10.55 per share).