Home/Filings/4/0001226182-04-000061
4//SEC Filing

DITECH COMMUNICATIONS CORP 4

Accession 0001226182-04-000061

CIK 0001080667operating

Filed

Dec 5, 7:00 PM ET

Accepted

Dec 6, 2:16 PM ET

Size

29.3 KB

Accession

0001226182-04-000061

Insider Transaction Report

Form 4
Period: 2004-12-02
MONTGOMERY TIMOTHY K
DirectorPresident, CEO & Director
Transactions
  • Exercise/Conversion

    Common Stock

    2004-12-02$7.19/sh+10,000$71,875162,391 total
  • Sale

    Common Stock

    2004-12-02$15.30/sh2,500$38,250152,391 total
  • Sale

    Common Stock

    2004-12-02$15.96/sh1,000$15,960152,391 total
  • Sale

    Common Stock

    2004-12-02$16.06/sh1,500$24,090152,391 total
  • Exercise/Conversion

    Non-Qualified Stock Option (right to buy)

    2004-12-022,500149,212 total
    Exercise: $7.19From: 2001-01-10Exp: 2011-01-10Common Stock (2,500 underlying)
  • Exercise/Conversion

    Non-Qualified Stock Option (right to buy)

    2004-12-021,500136,712 total
    Exercise: $7.19From: 2001-01-10Exp: 2011-01-10Common Stock (1,500 underlying)
  • Exercise/Conversion

    Non-Qualified Stock Option (right to buy)

    2004-12-021,000138,212 total
    Exercise: $7.19From: 2001-01-10Exp: 2011-01-10Common Stock (1,000 underlying)
  • Sale

    Common Stock

    2004-12-02$15.28/sh10,000$152,838152,391 total
  • Exercise/Conversion

    Common Stock

    2004-12-02$7.19/sh+1,000$7,188153,391 total
  • Exercise/Conversion

    Common Stock

    2004-12-02$7.19/sh+1,500$10,781153,891 total
  • Exercise/Conversion

    Non-Qualified Stock Option (right to buy)

    2004-12-0210,000151,712 total
    Exercise: $7.19From: 2001-01-10Exp: 2011-01-10Common Stock (10,000 underlying)
  • Exercise/Conversion

    Common Stock

    2004-12-02$7.19/sh+2,500$17,969154,891 total
Holdings
  • Common Stock

    (indirect: By Spouse)
    23,180
Footnotes (3)
  • [F1]Securities sold pursuant to a 10b5-1 plan that enables an insider to establish a program to make transactions according to an advance plan. Such a program allows an insider to continue with planned transactions even if he or she comes into possession of material non-public information.
  • [F2]The 23,180 shares of common stock of the company are indirectly held by his wife as custodian for Mr. Montgomery's children under the Uniform Gifts to Minor's Act.
  • [F3]The option is immediately exercisable, subject to a repurchase option in favor of the Company which lapses over a four year period with 25% lapsing after the first year and monthly thereafter.

Issuer

DITECH COMMUNICATIONS CORP

CIK 0001080667

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001080667

Filing Metadata

Form type
4
Filed
Dec 5, 7:00 PM ET
Accepted
Dec 6, 2:16 PM ET
Size
29.3 KB