Baum James 4
4 · NETEZZA CORP · Filed Aug 31, 2010
Insider Transaction Report
Form 4
Baum James
DirectorPresident & CEO
Transactions
- Sale
Common Stock
2010-08-27$18.25/sh−100,000$1,825,000→ 75,000 total - Exercise/Conversion
Common Stock
2010-08-27$2.50/sh+100,000$250,000→ 175,000 total - Exercise/Conversion
Employee Stock Option (right to buy)
2010-08-27−100,000→ 550,000 totalExercise: $2.50Exp: 2016-08-10→ Common Stock (100,000 underlying)
Footnotes (2)
- [F1]The sales reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 25, 2010.
- [F2]Represents partial exercise of an option to purchase an aggregate of 1,450,000 shares granted by the issuer pursuant to its 2000 Stock Incentive Plan on August 10, 2006. This option is currently vested as to 1,232,500 shares, and will vest as to 72,500 additional shares on October 1, 2010 and at the end of each successive three-month period thereafter, through and including April 1, 2011.