Holsten Stephen E. 4
4 · Eloqua, Inc. · Filed Feb 8, 2013
Insider Transaction Report
Form 4
Eloqua, Inc.ELOQ
Holsten Stephen E.
VP and General Counsel
Transactions
- Disposition to Issuer
Common Stock
2013-02-08−3,000→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2013-02-08−77,000→ 0 totalExercise: $1.75Exp: 2020-04-28→ Common Stock (77,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2013-02-08−8,000→ 0 totalExercise: $8.83Exp: 2022-03-30→ Common Stock (8,000 underlying)
Footnotes (4)
- [F1]Pursuant to the Agreement and Plan of Merger between Eloqua, Inc., OC Acquisition LLC, Esperanza Acquisition Corporation, and Oracle Corporation dated December 19, 2012 (the "Merger Agreement"), each share of Eloqua, Inc. common stock was exchanged for $23.50 in cash, without interest and less any applicable withholding taxes.
- [F2]This option vests over approximately four years, at a rate of twenty-five percent (25%) on April 12, 2011, and in 36 equal monthly installments thereafter. 52,000 stock options under this award were vested as of the closing of the merger. 25,000 stock options under this award remain unvested.
- [F3]Pursuant to the Merger Agreement, the vested and/or exercisable portion of each Eloqua, Inc. stock 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 $23.50 minus the exercise price of such option. The unvested portion of each Eloqua, Inc. stock option was assumed by Oracle and automatically converted into an Oracle stock option denominated in shares of Oracle common stock.
- [F4]This option vests over a four-year period from the date of grant (March 30, 2012), in 48 equal monthly installments. 1,667 stock options under this award were vested as of the closing of the merger. 6,333 stock options under this award remain unvested.