CROWELL WILLIAM 4
4 · ArcSight Inc · Filed Oct 25, 2010
Insider Transaction Report
Form 4
ArcSight IncARST
CROWELL WILLIAM
Director
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2010-10-21−2,375→ 0 totalExercise: $8.30Exp: 2018-09-24→ Common Stock (2,375 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2010-10-21−5,319→ 0 totalExercise: $9.00Exp: 2018-02-13→ Common Stock (5,319 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2010-10-21−10,375→ 0 totalExercise: $22.67Exp: 2019-09-23→ Common Stock (10,375 underlying)
Footnotes (3)
- [F1]The option vests and becomes exercisable as to 1/36th of the shares on March 14, 2008 and vests and becomes exercisable as to 1/36th of the shares at the end of each full month thereafter. All shares that were unvested and unexercisable became immediately vested and exercisable upon the acceptance of the tender offer (the "Tender Offer") contemplated by that certain Agreement and Plan of Merger by and among the Issuer, Hewlett-Packard Company and Priam Acquisition Corporation, dated as of September 13, 2010.
- [F2]In connection with acceptance of the Tender Offer, this option was cancelled in exchange for a cash payment to the Reporting Person equal to the number of shares of common stock underlying the option multiplied by the difference between the offer price per share of $43.50 and the exercise price per share of the option.
- [F3]The option is fully vested and exercisable.