Bolton Peter 4
4 · NEOWARE SYSTEMS INC · Filed Nov 9, 2005
Insider Transaction Report
Form 4
Bolton Peter
Exec. VP - EMEA
Transactions
- Sale
Common Stock
2005-11-07$19.43/sh−50,000$971,350→ 0 total - Exercise/Conversion
Stock Option (right to buy)
2005-11-07−20,000→ 0 totalExercise: $14.55Exp: 2012-10-21→ Common Stock (20,000 underlying) - Exercise/Conversion
Common Stock
2005-11-07$14.55/sh+20,000$291,000→ 20,000 total - Exercise/Conversion
Stock Option (right to buy)
2005-11-07−30,000→ 0 totalExercise: $16.41Exp: 2013-08-13→ Common Stock (30,000 underlying) - Exercise/Conversion
Common Stock
2005-11-07$16.41/sh+30,000$492,300→ 50,000 total
Footnotes (2)
- [F1]The option is fully vested. On May 13, 2005, the Board of Directors of the Issuer approved the accelaration of the vesting of "underwater" unvested stock options held by executive officers and certain employees, including the Reporting Person. A stock option was considered "underwater" if the option exercise price as of such date was greater than $14.00 per share.
- [F2]Not applicable.