4//SEC Filing
BROCHU MICHAEL A 4
Accession 0001209191-11-002245
CIK 0001086195other
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 3:39 PM ET
Size
15.7 KB
Accession
0001209191-11-002245
Insider Transaction Report
Form 4
BROCHU MICHAEL A
Director
Transactions
- Disposition to Issuer
RESTRICTED STOCK UNIT
2011-01-05−28,000→ 0 total→ COMMON STOCK (28,000 underlying) - Disposition to Issuer
STOCK OPTION (RIGHT TO BUY)
2011-01-05−25,000→ 0 totalExercise: $1.12Exp: 2014-12-01→ COMMON STOCK (25,000 underlying) - Disposition to Issuer
STOCK OPTION (RIGHT TO BUY)
2011-01-05−25,000→ 0 totalExercise: $2.23Exp: 2016-05-23→ COMMON STOCK (25,000 underlying) - Disposition to Issuer
STOCK OPTION (RIGHT TO BUY)
2011-01-05−702,370→ 0 totalExercise: $0.64Exp: 2012-01-03→ COMMON STOCK (702,370 underlying) - Disposition to Issuer
COMMON STOCK
2011-01-05−93,537→ 0 total - Disposition to Issuer
STOCK OPTION (RIGHT TO BUY)
2011-01-05−25,000→ 0 totalExercise: $1.12Exp: 2015-05-25→ COMMON STOCK (25,000 underlying)
Footnotes (4)
- [F1]Pursuant to the Agreement and Plan of Merger between Art Technology Group, Oracle Corporation and Amsterdam Acquisition Sub Corporation dated November 2, 2010 (the "Merger Agreement"), each share of Art Technology Group common stock was exchanged for $6.00 in cash, without interest and less any applicable withholding taxes.
- [F2]Pursuant to its terms, each restricted stock unit accelerated and became fully vested as of the closing of the merger and was converted into the right to receive $6.00 in cash, without interest and less any applicable withholding taxes.
- [F3]This option is fully vested.
- [F4]Pursuant to the Merger Agreement, the vested portion of each option was converted into the right to receive an amount in cash equal to the product of the number of shares issuable upon the exercise of such option and $6.00 minus the exercise price of such option.
Documents
Issuer
ART TECHNOLOGY GROUP INC
CIK 0001086195
Entity typeother
Related Parties
1- filerCIK 0001243765
Filing Metadata
- Form type
- 4
- Filed
- Jan 5, 7:00 PM ET
- Accepted
- Jan 6, 3:39 PM ET
- Size
- 15.7 KB