CHORDIANT SOFTWARE INC 4
4 · CHORDIANT SOFTWARE INC · Filed Apr 28, 2010
Insider Transaction Report
Form 4
HOFFMAN CHARLES E
Director
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2010-04-21−7,000→ 0 totalExercise: $6.65Exp: 2016-08-02→ Common Stock (7,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2010-04-21−10,000→ 0 totalExercise: $5.20Exp: 2015-01-06→ Common Stock (10,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2010-04-21−7,000→ 0 totalExercise: $6.85Exp: 2015-09-28→ Common Stock (7,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2010-04-21−7,000→ 0 totalExercise: $12.62Exp: 2017-04-24→ Common Stock (7,000 underlying) - Disposition from Tender
Common Stock
2010-04-21$5.00/sh−41,848$209,240→ 0 total
Footnotes (5)
- [F1]Disposed of pursuant to the terms of the Agreement and Plan of Merger dated March 14, 2010 by and among Pegasystems Inc., Maple Leaf Acquisition Corp. and Chordiant Software, Inc. (the "Merger Agreement") in exchange for the right to receive an amount in cash equal to $5.00 per share on the effective date of the merger.
- [F2]This option, which provided for vesting in equal monthly installments beginning 04/25/2007, was cancelled pursuant to the Merger Agreement with Pegasystems Inc.
- [F3]This option, which provided for vesting in equal monthly installments beginning 08/02/2006, was cancelled pursuant to the Merger Agreement with Pegasystems Inc.
- [F4]This option, which provided for vesting in equal monthly installments beginning 09/28/2005, was cancelled pursuant to the Merger Agreement with Pegasystems Inc.
- [F5]This option, which provided for vesting in equal monthly installments over two years after a one year cliff beginning 1/6/2005, was assumed by Pegasystems Inc. pursuant to the Merger Agreement and replaced with an option to purchase 1,307 shares of Pegasystems Inc. common stock for $39.76 per share.