Norman Peter 4
4 · CHORDIANT SOFTWARE INC · Filed Dec 1, 2009
Insider Transaction Report
Form 4
Norman Peter
Senior Vice President and CFO
Transactions
- Exercise/Conversion
Restricted Stock Units
2008-11-25−33,333→ 66,667 total→ Common Stock (33,333 underlying) - Award
Restricted Stock Units
2009-11-24+31,000→ 31,000 total→ Common Stock (31,000 underlying) - Award
Common Stock
2009-11-25+33,333→ 33,333 total - Award
Stock Option (right to buy)
2009-11-24+61,000→ 61,000 totalExercise: $2.87From: 2009-12-24Exp: 2016-11-24→ Common Stock (61,000 underlying)
Footnotes (6)
- [F1]Reflects shares that vested 11/25/2009 under RSU grant from 11/25/2008; shares shall be released two years from vesting
- [F2]The shares vest in equal monthly installments over four (4) years from date of grant and have a term of seven (7) years
- [F3]Each restricted stock unit represents a contingent right to receive one share of CHRD common stock.
- [F4]Vests twenty-five percent (25%) on the annual anniversary of the grant date for four (4) years
- [F5]Reflects conversion of RSU into Common Stock
- [F6]The shares vest in three (3) equal annual installments from 11/25/2008