4//SEC Filing
SCHEEL JEFFREY A 4
Accession 0001209191-10-051464
CIK 0001368582other
Filed
Oct 24, 8:00 PM ET
Accepted
Oct 25, 3:43 PM ET
Size
16.7 KB
Accession
0001209191-10-051464
Insider Transaction Report
Form 4
ArcSight IncARST
SCHEEL JEFFREY A
Sr. VP, Business Development
Transactions
- Disposition from Tender
Common Stock
2010-10-21$43.50/sh−1,104$48,024→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2010-10-22−55,158→ 0 totalExercise: $18.00Exp: 2019-06-08→ Common Stock (55,158 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2010-10-22−36,000→ 0 totalExercise: $21.63Exp: 2020-05-18→ Common Stock (36,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2010-10-22−22,503→ 0 totalExercise: $8.50Exp: 2018-06-17→ Common Stock (22,503 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2010-10-22−29,890→ 0 totalExercise: $18.00Exp: 2019-06-08→ Common Stock (29,890 underlying)
Footnotes (8)
- [F1]Pursuant to the terms of the tender offer by Priam Acquisition Corporation, a Delaware corporation ("Purchaser") and a wholly-owned, direct or indirect, subsidiary of Hewlett-Packard Company, a Delaware corporation ("HP"), to purchase all outstanding shares of Issuer Common Stock, disclosed in the Tender Offer Statement on Schedule TO filed with the Securities and Exchange Commission (the "Tender Offer"), Purchaser accepted for payment of $43.50 per share all shares validly tendered on or prior to October 20, 2010.
- [F2]The option vests and becomes exercisable as to 1/4th of the shares on June 16, 2009 and vests and becomes exercisable as to 1/48th of the shares at the end of each full month thereafter.
- [F3]Pursuant to the terms of the merger (the "Merger") contemplated by that certain Agreement and Plan of Merger by and among the Issuer, HP and Purchaser, dated as of September 13, 2010 (the "Merger Agreement"), 5,836 shares under this option were cancelled in exchange for a cash payment to the Reporting Person equal to the difference between the offer price per share of $43.50 and the exercise price per share of the option and the remaining shares under the option were assumed and exchanged for an option to purchase 16,923 shares of HP Common Stock at an exercise price per share of $8.38.
- [F4]The option vests and becomes exercisable as to 1/4th of the shares on May 1, 2010 and vests and becomes exercisable as to 1/48th of the shares at the end of each full month thereafter.
- [F5]Pursuant to the terms of the Merger, 10,585 shares under this option were cancelled in exchange for a cash payment to the Reporting Person equal to the difference between the offer price per share of $43.50 and the exercise price per share of the option and the remaining shares under the option were assumed and exchanged for an option to purchase 19,602 shares of HP Common Stock at an exercise price per share of $17.73.
- [F6]Pursuant to the terms of the Merger, 19,534 shares under this option were cancelled in exchange for a cash payment to the Reporting Person equal to the difference between the offer price per share of $43.50 and the exercise price per share of the option and the remaining shares under the option were assumed and exchanged for an option to purchase 36,172 shares of HP Common Stock at an exercise price per share of $17.73.
- [F7]The option vests and becomes exercisable as to 1/4th of the shares on May 1, 2011 and vests and becomes exercisable as to 1/48th of the shares at the end of each full month thereafter.
- [F8]Pursuant to the terms of the Merger, this option was assumed and exchanged for an option to purchase 36,554 shares of HP Common Stock at an exercise price per share of $21.31.
Documents
Issuer
ArcSight Inc
CIK 0001368582
Entity typeother
Related Parties
1- filerCIK 0001437884
Filing Metadata
- Form type
- 4
- Filed
- Oct 24, 8:00 PM ET
- Accepted
- Oct 25, 3:43 PM ET
- Size
- 16.7 KB