Home/Filings/4/0001209191-13-019024
4//SEC Filing

Aulds Steven D 4

Accession 0001209191-13-019024

CIK 0001130258other

Filed

Mar 28, 8:00 PM ET

Accepted

Mar 29, 5:26 PM ET

Size

10.9 KB

Accession

0001209191-13-019024

Insider Transaction Report

Form 4
Period: 2013-03-28
Aulds Steven D
Senior VP of Engineering
Transactions
  • Disposition to Issuer

    Common Stock

    2013-03-28$29.25/sh5,000$146,2500 total
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2013-03-2880,0000 total
    Exercise: $34.29Exp: 2019-02-06Common Stock (80,000 underlying)
  • Disposition to Issuer

    Restricted Stock Unit

    2013-03-2815,0000 total
    Common Stock (15,000 underlying)
Footnotes (6)
  • [F1]Disposed of for a cash payment of $29.25 per share pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of February 4, 2013 by and among Acme Packet, Inc. ("Acme"), OC Acquisition LLC, Andes Acquisition Corporation, and Oracle Corporation ("Oracle") in connection with the merger that became effective on March 28, 2013.
  • [F2]Twenty-five percent of the shares underlying the restricted stock units vest on January 9, 2013 and the balance of the shares vest in quarterly installments beginning on April 1, 2013 and ending on January 9, 2016.
  • [F3]Pursuant to the terms of the Merger Agreement, in connection with the merger that became effective on March 28, 2013, unvested outstanding stock options and vested outstanding stock options with an exercise price equal to or greater than $29.25 were converted into options to purchase Oracle common stock in accordance with the exchange ratio set forth in the Merger Agreement.
  • [F4]Each restricted stock unit represents a contingent right to receive one share of Acme Packet, Inc. common stock.
  • [F5]Twenty-five percent of the shares underlying the restricted stock units vest on January 9, 2013 and the balance of the shares vest in quarterly installments on the first day of each calendar quarter beginning on April 1, 2013 and ending on January 9, 2016.
  • [F6]Pursuant to the terms of the Merger Agreement, in connection with the merger that became effective on March 28, 2013, unvested restricted stock units representing a contingent right to receive Acme common stock were converted into restricted stock units representing a contingent right to receive Oracle common stock in accordance with the exchange ratio set forth in the Merger Agreement.

Issuer

ACME PACKET INC

CIK 0001130258

Entity typeother

Related Parties

1
  • filerCIK 0001539918

Filing Metadata

Form type
4
Filed
Mar 28, 8:00 PM ET
Accepted
Mar 29, 5:26 PM ET
Size
10.9 KB