4//SEC Filing
FERRI PAUL J 4
Accession 0001209191-10-054822
CIK 0001132484other
Filed
Nov 11, 7:00 PM ET
Accepted
Nov 12, 6:55 PM ET
Size
14.2 KB
Accession
0001209191-10-054822
Insider Transaction Report
Form 4
FERRI PAUL J
Director10% Owner
Transactions
- Disposition to Issuer
Common Stock
2010-11-10$27.00/sh−3,529$95,283→ 0 total(indirect: By Partnership) - Disposition to Issuer
Common Stock
2010-11-10$27.00/sh−347,083$9,371,241→ 0 total(indirect: By Matrix Partners VIII, L.P.) - Disposition to Issuer
Nonstatutory Stock Option (right to buy)
2010-11-10$20.30/sh−50,000$1,015,000→ 0 totalExercise: $6.70Exp: 2017-02-14→ Common Stock (50,000 underlying) - Disposition to Issuer
Common Stock
2010-11-10$27.00/sh−158,050$4,267,350→ 0 total - Disposition to Issuer
Common Stock
2010-11-10$27.00/sh−765$20,655→ 0 total(indirect: By LLC)
Footnotes (4)
- [F1]Mr. Ferri is a Managing Member of Matrix VI Management Co., LLC., which serves as the general partner of Matrix VI Parallel Partnership-A, L.P. Mr. Ferri, by virtue of his management position in Matrix VI Management Co., L.L.C., has sole voting and dispositive power with respect to the shares held by Matrix VI Parallel Partnership-A, L.P. Mr. Ferri disclaims beneficial ownership of the securities held by Matrix VI Parallel Partnership-A, L.P. except to the extent of his pecuniary interest therein.
- [F2]Mr. Ferri is a Managing Member of Matrix VIII US Management Co., L.L.C. which serves as the general partner of Matrix Partners VIII, L.P. Mr. Ferri by virtue of his management position in Matrix VIII US Management Co., L.L.C., has sole voting and dispositive power with respect to the shares held by Matrix Partners VIII, L.P. Mr. Ferri disclaims beneficial ownership of the securities held by Matrix Partners VIII, L.P. except to extent of his pecuniary interest therein.
- [F3]Mr. Ferri is authorized by the sole member of Weston & Co. VIII LLC to take any action as directed by the underlying beneficial owners with respect to the shares held by this entity, and Mr. Ferri disclaims beneficial ownership of such shares. Mr. Ferri does not have sole or shared voting or investment control with respect to any of the shares held by Weston & Co. VIII LLC.
- [F4]This option was granted on February 14, 2007 and, following acceleration of vesting in connection with a merger agreement between the Issuer and International Business Machines Corporation, was fully vested on November 10, 2010. Pursuant to the term of the merger agreement this option was cancelled in exchange for a cash payment of $1,015,000.00, representing the aggregate difference between the exercise price of the option and the merger consideration of $27.00 per share of common stock with respect to all remaining unexercised shares subject to the option.
Documents
Issuer
NETEZZA CORP
CIK 0001132484
Entity typeother
Related Parties
1- filerCIK 0001012501
Filing Metadata
- Form type
- 4
- Filed
- Nov 11, 7:00 PM ET
- Accepted
- Nov 12, 6:55 PM ET
- Size
- 14.2 KB