MAY HERBERT 4
4 · VERSANT CORP · Filed Dec 26, 2012
Insider Transaction Report
Form 4
VERSANT CORPVSNT
MAY HERBERT
Director
Transactions
- Disposition to Issuer
Common Stock
2012-12-21$13.00/sh−3,600$46,800→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2012-12-21$13.00/sh−4,000$52,000→ 0 totalExercise: $30.50Exp: 2018-08-22→ Common Stock (4,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2012-12-21$13.00/sh−4,000$52,000→ 0 totalExercise: $10.58Exp: 2020-08-22→ Common Stock (4,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2012-12-21$13.00/sh−4,000$52,000→ 0 totalExercise: $10.20Exp: 2021-08-22→ Common Stock (4,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2012-12-21$13.00/sh−2,000$26,000→ 0 totalExercise: $6.13Exp: 2016-08-22→ Common Stock (2,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2012-12-21$13.00/sh−4,000$52,000→ 0 totalExercise: $10.45Exp: 2022-08-22→ Common Stock (4,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2012-12-21$13.00/sh−3,929$51,077→ 0 totalExercise: $22.00Exp: 2017-08-22→ Common Stock (3,929 underlying) - Disposition to Issuer
Stock Option (right to buy)
2012-12-21$13.00/sh−4,000$52,000→ 0 totalExercise: $15.06Exp: 2019-08-22→ Common Stock (4,000 underlying)
Footnotes (3)
- [F1]Each option to purchase common stock was cancelled and converted into the right to receive an amount equal to the amount by which $13.00 per share exceeds the exercise price per share of such option upon the consummation of the Merger ("Merger") contemplated by that certain Agreement and Plan of Merger dated November 21, 2012 by and among Versant Corporation, Actian Corporation and Actian Sub I, Inc.
- [F2]This option was fully vested.
- [F3]The vesting of this stock option grant was fully accelerated as of the time of the Merger.