4//SEC Filing
HOURIHAN JAMES J 4
Accession 0001209191-13-019030
CIK 0001130258other
Filed
Mar 28, 8:00 PM ET
Accepted
Mar 29, 5:39 PM ET
Size
27.1 KB
Accession
0001209191-13-019030
Insider Transaction Report
Form 4
ACME PACKET INCAPKT
HOURIHAN JAMES J
VP Mktg & Prod. Devlopment
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2013-03-28$24.90/sh−70,000$1,743,000→ 0 totalExercise: $4.35Exp: 2016-02-10→ Common Stock (70,000 underlying) - Disposition to Issuer
Restricted Stock Unit
2013-03-28−10,500→ 0 total→ Common Stock (10,500 underlying) - Exercise/Conversion
Common Stock
2013-03-13$1.00/sh+130,000$130,000→ 188,475 total - Exercise/Conversion
Stock Option (Right to Buy)
2013-03-13−130,000→ 0 totalExercise: $1.00Exp: 2015-12-23→ Common Stock (130,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2013-03-28−30,600→ 0 totalExercise: $34.29Exp: 2019-02-06→ Common Stock (30,600 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2013-03-28−25,000→ 0 totalExercise: $66.55Exp: 2018-02-03→ Common Stock (25,000 underlying) - Disposition to Issuer
Common Stock
2013-03-28$29.25/sh−188,475$5,512,894→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2013-03-28$16.21/sh−45,750$741,608→ 0 totalExercise: $13.04Exp: 2017-02-04→ Common Stock (45,750 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2013-03-28−15,250→ 0 totalExercise: $13.04Exp: 2017-02-04→ Common Stock (15,250 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2013-03-28$21.67/sh−15,000$325,050→ 0 totalExercise: $7.58Exp: 2015-02-12→ Common Stock (15,000 underlying)
Footnotes (11)
- [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.
- [F10]Fifty percent of the shares underlying the restricted stock units vested on October 25, 2012 and the remaining fifty percent of the shares underlying the restricted stock units vest on October 25, 2013.
- [F11]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.
- [F2]Twenty-five percent of the shares underlying the options vested on December 23, 2006, and the balance of the shares vested in equal monthly installments at the end of each calendar month beginning on January 31, 2007 and ending on December 20, 2009.
- [F3]Twenty-five percent of the shares underlying the option vested on February 6, 2013 and the balance of the shares vest in quarterly installments beginning on April 1, 2013 and ending on February 6, 2016.
- [F4]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.
- [F5]Twenty-five (25) percent of the shares underlying the option vested on February 3, 2012, and the balance of the shares vest in twelve (12) quarterly installments on the first day of the first calendar quarter beginning on April 1, 2012 and ending on January 1, 2015.
- [F6]Twenty-five (25) percent of the shares underlying the option vested on February 4, 2011, and the balance of the shares vest in twelve (12) quarterly installments on the first day of the first calendar quarter beginning on April 1, 2011 and ending on January 1, 2014.
- [F7]Twenty-five percent of the shares underlying the option vested on February 10, 2010, and the balance of the shares vested in twelve (12) quarterly installments on the first day of the first calendar quarter beginning on April 1, 2010 and ending on January 1, 2013.
- [F8]Twenty-five percent of the shares underlying the option vested on February 12, 2009, and the balance of the shares vested in equal quarterly installments on the first day of each calendar quarter beginning on April 1, 2009 and ending on January 1, 2012, except that the January 1, 2012 vesting was delayed until February 12, 2012.
- [F9]Each restricted stock unit, once vested, represents a contingent right to receive one share of Acme Packet, Inc. common stock. Upon vesting, the restricted stock units settle on a one-for-one basis as shares of Acme Packet, Inc. common stock.
Documents
Issuer
ACME PACKET INC
CIK 0001130258
Entity typeother
Related Parties
1- filerCIK 0001376827
Filing Metadata
- Form type
- 4
- Filed
- Mar 28, 8:00 PM ET
- Accepted
- Mar 29, 5:39 PM ET
- Size
- 27.1 KB