WALKER JAMES M 4
4 · ALPHASMART INC · Filed Jul 5, 2005
Insider Transaction Report
Form 4
ALPHASMART INCALSM
WALKER JAMES M
Chief Financial Officer & COO
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2005-06-27−10,000→ 0 totalExercise: $1.50Exp: 2010-01-01→ Common Stock (10,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2005-06-27−33,335→ 0 totalExercise: $6.00Exp: 2013-09-17→ Common Stock (33,335 underlying) - Disposition to Issuer
Stock Option (right to buy)
2005-06-27−107,342→ 0 totalExercise: $1.50Exp: 2011-08-01→ Common Stock (107,342 underlying) - Disposition to Issuer
Common Stock
2005-06-27−80,000→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2005-06-27−2,666→ 0 totalExercise: $1.50Exp: 2010-07-01→ Common Stock (2,666 underlying)
Footnotes (5)
- [F1]Disposed of pursuant to merger agreement between issuer and Renaissance Learning, Inc. in exchange of for 15,016 shares of Renaissance Learning, Inc. common stock having a market value of $300,320 at the effective time of the merger.
- [F2]This option was cancelled in the merger in exchange for a cash payment of $22,500, representing the difference between the exercise price of the option and $3.75. This option vests at the rate of 1/6 of the shares subject to the option per month.
- [F3]This option was cancelled in the merger in exchange for a cash payment of $5,998, representing the difference between the exercise price of the option and $3.75. This option vests at the rate of 1/12 of the shares subject to the option per month.
- [F4]This option was cancelled in the merger in exchange for a cash payment of $241,519, representing the difference between the exercise price of the option and $3.75. This option vests at the rate of 1/48 of the shares subject to the option per month.
- [F5]This option was cancelled in the merger and no consideration was received. This option vests at the rate of 1/6 of the shares subject to the option per month.