4//SEC Filing
OVERTURE SERVICES INC 4
Accession 0001222382-03-000021
CIK 0001060439operating
Filed
Oct 8, 8:00 PM ET
Accepted
Oct 9, 8:22 PM ET
Size
11.2 KB
Accession
0001222382-03-000021
Insider Transaction Report
Form 4
GROSS WILLIAM
Director
Transactions
- Disposition to Issuer
Common Stock
2003-10-07−3,081,915→ 0 total - Disposition to Issuer
Options to buy Common Stock
2003-10-07−10,000→ 0 totalExercise: $13.94Exp: 2010-05-22→ Common Stock (10,000 underlying) - Disposition to Issuer
Options to buy Common Stock
2003-10-07−20,000→ 0 totalExercise: $23.43Exp: 2008-05-24→ Common Stock (20,000 underlying) - Disposition to Issuer
Options to buy Common Stock
2003-10-07−30,000→ 0 totalExercise: $23.43Exp: 2008-05-24→ Common Stock (30,000 underlying)
Footnotes (6)
- [F1]Includes 3,079,915 shares held by Idealab, a California corporation. Mr. Gross is the Chairman of the Board of Directors and CEO of Idealab, and exercises voting and investment power over shares held beneficially by Idealab. Mr. Gross disclaims beneficial ownership of such shares of Common Stock of Overture to the extent it exceeds his pecuniary interest.
- [F2]Disposed of pursuant to merger agreement between issuer and Yahoo! in exchange for (i) 1,882,433 shares of Yahoo! common stock having a market value of $38.93 on the effective date of the merger and (ii) $4.75 in cash per share.
- [F3]This option, which provided for quarterly vesting beginning May 24, 2001, was assumed by Yahoo! in the merger and replaced with an option to purchase 14,732 shares of Yahoo! common stock for approximately $31.81 per share.
- [F4]This option, which provided for quarterly vesting beginning May 24, 2001, was assumed by Yahoo! in the merger and replaced with an option to purchase 22,099 shares of Yahoo! common stock for approximately $31.81 per share.
- [F5]This option, which provided for quarterly vesting beginning May 23, 2002, was assumed by Yahoo! in the merger and replaced with an option to purchase 14,732 shares of Yahoo! common stock for approximately $24.58 per share.
- [F6]This option, which provided for as to 1/3 of the shares on the one year anniversary of the date of grant and quarterly vesting thereafter, was assumed by Yahoo! in the merger and replaced with an option to purchase 7,366 shares of Yahoo! common stock for approximately $18.93 per share.
Documents
Issuer
OVERTURE SERVICES INC
CIK 0001060439
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001060439
Filing Metadata
- Form type
- 4
- Filed
- Oct 8, 8:00 PM ET
- Accepted
- Oct 9, 8:22 PM ET
- Size
- 11.2 KB