Tofteland Randal B 4
4 · SoftBrands, Inc. · Filed Dec 27, 2006
Insider Transaction Report
Form 4
Tofteland Randal B
DirectorPresident and CEO
Transactions
- Award
Common Stock
2006-12-22+50,000→ 100,000 total - Award
Stock Appreciation Right
2006-12-22+150,000→ 150,000 totalExercise: $1.71From: 2008-01-01Exp: 2011-12-22→ Common Stock (150,000 underlying)
Holdings
- 500,000
Stock Option (right to buy)
Exercise: $1.50From: 2005-01-01Exp: 2014-02-24→ Common Stock (500,000 underlying) - 600,000
Stock Option (right to buy)
Exercise: $3.00From: 2002-03-07Exp: 2012-03-07→ Common Stock (600,000 underlying) - 60,000
Stock Option (right to buy)
Exercise: $1.50From: 2004-10-26Exp: 2014-10-26→ Common Stock (60,000 underlying) - 75,000
Stock Appreciation Right
Exercise: $2.13From: 2006-12-29Exp: 2010-12-29→ Common Stock (75,000 underlying)
Footnotes (3)
- [F1]Includes (a) 25,000 restricted stock units that vest effective 9/30/07 if SOX objectives are met, and (b) 50,000 restricted stock units that vest in increments of 12,500 shares on January 1, 2008, 2009, 2010 and 2011.
- [F2]Fully exercisable.
- [F3]Exercisable with respect to 25% of such shares on such date and with respect to an additional cumulative 25% of such shares on the next three anniversaries of such date.