4//SEC Filing
McIntyre Nancy P. 4
Accession 0001209191-11-002260
CIK 0001086195other
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 3:55 PM ET
Size
18.7 KB
Accession
0001209191-11-002260
Insider Transaction Report
Form 4
McIntyre Nancy P.
SVP of Marketing
Transactions
- Disposition to Issuer
RESTRICTED STOCK UNIT
2011-01-05−27,500→ 0 total→ COMMON STOCK (55,000 underlying) - Disposition to Issuer
RESTRICTED STOCK UNIT
2011-01-05−27,500→ 27,500 totalExercise: $0.00→ COMMON STOCK (55,000 underlying) - Disposition to Issuer
RESTRICTED STOCK UNIT
2011-01-05−27,500→ 27,500 totalExercise: $0.00→ COMMON STOCK (55,000 underlying) - Disposition to Issuer
COMMON STOCK
2011-01-05−48,820→ 0 total - Disposition to Issuer
EMPLOYEE STOCK OPTION (RIGHT TO BUY)
2011-01-05−24,504→ 0 totalExercise: $2.21Exp: 2019-02-17→ COMMON STOCK (24,504 underlying) - Disposition to Issuer
EMPLOYEE STOCK OPTION (RIGHT TO BUY)
2011-01-05−104,871→ 0 totalExercise: $2.21Exp: 2019-02-17→ COMMON STOCK (104,871 underlying) - Disposition to Issuer
RESTRICTED STOCK UNIT
2011-01-05−27,500→ 0 total→ COMMON STOCK (55,000 underlying)
Footnotes (7)
- [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 the terms of a change in control agreement between the issuer and the reporting person, 50% of the restricted stock units accelerated and became fully vested as of the closing of the merger and were converted into the right to receive $6.00 in cash, without interest and less any applicable withholding taxes.
- [F3]Pursuant to the Merger Agreement, each unvested restricted stock unit was assumed by Oracle Corporation and converted into a restricted stock unit for 0.1909 shares of Oracle Corporation common stock.
- [F4]The restricted stock units assumed by Oracle Corporation will continue to vest in equal annual installments.
- [F5]Pursuant to an agreement between the issuer and the reporting person, 50% of the unvested stock options held by the reporting person as of the closing of the merger accelerated and became fully vested. The remaining unvested stock options under this award are exercisable at a rate of 6.25% per quarter.
- [F6]Pursuant to the Merger Agreement, the stock option was assumed by Oracle in the merger and replaced with an option to purchase 4,677 shares of Oracle common stock for $11.58 per share.
- [F7]Pursuant to the Merger Agreement, the stock option was assumed by Oracle in the merger and replaced with an option to purchase 20,019 shares of Oracle common stock for $11.58 per share.
Documents
Issuer
ART TECHNOLOGY GROUP INC
CIK 0001086195
Entity typeother
Related Parties
1- filerCIK 0001455844
Filing Metadata
- Form type
- 4
- Filed
- Jan 5, 7:00 PM ET
- Accepted
- Jan 6, 3:55 PM ET
- Size
- 18.7 KB