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4//SEC Filing

Watson Ryan 4

Accession 0001209191-11-035139

CIK 0001084876other

Filed

Jun 16, 8:00 PM ET

Accepted

Jun 17, 9:37 AM ET

Size

14.3 KB

Accession

0001209191-11-035139

Insider Transaction Report

Form 4
Period: 2011-06-16
Watson Ryan
VP Americas Sales & Marketing
Transactions
  • Sale

    Common Stock

    2011-06-16$2.25/sh4,517$10,1630 total
  • Other

    Nonqualified Stock Option

    2011-06-16100,0000 total
    Exercise: $2.81From: 2007-08-11Exp: 2011-06-16Common Stock (100,000 underlying)
  • Other

    Nonqualified Stock Option

    2011-06-16200,0000 total
    Exercise: $3.15From: 2004-08-14Exp: 2011-06-16Common Stock (200,000 underlying)
  • Sale

    Nonqualified Stock Option

    2011-06-16$0.85/sh150,000$127,5000 total
    Exercise: $1.40From: 2009-05-08Exp: 2011-06-16Common Stock (150,000 underlying)
  • Sale

    Nonqualified Stock Option

    2011-06-16$1.27/sh150,000$190,5000 total
    Exercise: $0.98From: 2010-05-01Exp: 2011-06-16Common Stock (150,000 underlying)
Footnotes (5)
  • [F1]$2.25 is the consideration for the merger with an affiliate of Vector Capital.
  • [F2]Cancellation of out-of-the-money stock option upon closing of the merger.
  • [F3]Vested over four years from grant date, which is one year prior to the Exercisable Date.
  • [F4]Under the Merger Agreement, vesting is accelerated for all unvested shares as of the Closing Date.
  • [F5]The price equals $2.25 (the merger consideration) less the exercise price.

Issuer

RAE SYSTEMS INC

CIK 0001084876

Entity typeother

Related Parties

1
  • filerCIK 0001456774

Filing Metadata

Form type
4
Filed
Jun 16, 8:00 PM ET
Accepted
Jun 17, 9:37 AM ET
Size
14.3 KB