CATAPULT COMMUNICATIONS CORP 4
4 · CATAPULT COMMUNICATIONS CORP · Filed Jun 24, 2009
Insider Transaction Report
Form 4
HEINRICHS R STEPHEN
Director
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2009-06-23−10,000→ 0 totalExercise: $12.55Exp: 2016-05-01→ Common Stock (10,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2009-06-23$1.66/sh−10,000$16,600→ 0 totalExercise: $7.59Exp: 2018-04-28→ Common Stock (10,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2009-06-23−25,000→ 0 totalExercise: $17.06Exp: 2015-09-16→ Common Stock (25,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2009-06-23−10,000→ 0 totalExercise: $9.88Exp: 2017-04-30→ Common Stock (10,000 underlying)
Footnotes (1)
- [F1]This option provided for vesting over 4 years, 12.5% of the shares vesting 6 months after the date of grant and 1/48th vesting each month thereafter. Pursuant to the terms of that certain Agreement and Plan of Merger dated as of May 11, 2009 among the Issuer, Ixia and Josie Acquisition Company (the "Merger Agreement"), this option was not assumed by Ixia. Pursuant to the terms of the Merger Agreement, the option became fully vested and at the effective time of the merger of Josie Acquisition Company with and into the Issuer pursuant to the Merger Agreement, the option was cancelled and converted into the right to receive, and the Reporting Person was paid, an amount in cash, if any, determined by multiplying (i) the excess, if any, of $9.25 over the exercise price of the option, by (ii) the number of shares of common stock of the Issuer subject to the option.