MURPHY DAVID JAMES III 4
4 · MERCURY INTERACTIVE CORP · Filed May 17, 2005
Insider Transaction Report
Form 4
MURPHY DAVID JAMES III
Sr. VP, Corporate Development
Transactions
- Exercise/Conversion
Employee Stock Option (right to buy)
2005-05-16−5,000→ 145,000 totalExercise: $29.65From: 2003-12-31Exp: 2012-12-31→ Common Stock (5,000 underlying) - Exercise/Conversion
Common Stock
2005-05-16$29.65/sh+5,000$148,250→ 5,000 total - Sale
Common Stock
2005-05-16$41.66/sh−5,000$208,300→ 0 total
Footnotes (2)
- [F1]25% of the total number of shares subject to the option vest one year from the vesting commencement date and the remaining 75% vest on a monthly basis over the next 36 months. The option is immediately exercisable for all shares subject to the option, including those shares that have not yet vested, however, unvested shares purchased through option exercises are subject to the issuer's right of repurchase upon termination of employment.
- [F2]This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.