Nuance Communications, Inc. 4
4 · Nuance Communications, Inc. · Filed Mar 23, 2007
Insider Transaction Report
Form 4
BERGER CHARLES
Director
Transactions
- Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2007-03-22−200,000→ 380,968 totalExercise: $1.79From: 2005-09-15Exp: 2013-03-31→ Common Stock (200,000 underlying) - Exercise/Conversion
Common Stock
2007-03-22$1.79/sh+200,000$358,000→ 288,349 total - Sale
Common Stock
2007-03-22$16.23/sh−200,000$3,246,900→ 88,349 total
Footnotes (1)
- [F1]The options were assumed per the merger agreement with Nuance Communications and were converted at an exchange ratio of 1.21990 for each option outstanding on 9/15/05. Upon closing of the merger, shares subject to each option were vested as follows: 50% of the balance of unvested shares subject to each option were accelerated at the closing of the merger on 9/15/05. 1/48th of the unvested shares subject to each option will vest on each of the monthly anniversary of the grant date, until full vested.