Home/Filings/4/0001290082-10-000037
4//SEC Filing

Karnik P K 4

Accession 0001290082-10-000037

CIK 0001042134other

Filed

Apr 29, 8:00 PM ET

Accepted

Apr 30, 9:31 PM ET

Size

21.7 KB

Accession

0001290082-10-000037

Insider Transaction Report

Form 4
Period: 2010-04-21
Karnik P K
SVP & GM, WW Client Services
Transactions
  • Disposition from Tender

    Common Stock

    2010-04-21$5.00/sh30,000$150,0000 total
  • Disposition to Issuer

    Common Stock

    2010-04-2185,0000 total
  • Exercise/Conversion

    Restricted Stock Units

    2010-04-2125,0000 total
    From: 2010-04-21Exp: 2010-04-21Common Stock (25,000 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    2010-04-2160,0000 total
    From: 2010-04-21Exp: 2010-04-21Common Stock (60,000 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2010-04-2190,0000 total
    Exercise: $8.25Exp: 2017-02-13Common Stock (90,000 underlying)
  • Exercise/Conversion

    Common Stock

    2010-04-21+60,00060,000 total
  • Exercise/Conversion

    Common Stock

    2010-04-21+25,00085,000 total
  • Disposition to Issuer

    Stock Option (right to buy)

    2010-04-2149,0000 total
    Exercise: $2.87Exp: 2016-11-23Common Stock (49,000 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2010-04-2135,0000 total
    Exercise: $9.25Exp: 2017-11-19Common Stock (35,000 underlying)
Footnotes (8)
  • [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]Reflects conversion of RSU into Common Stock
  • [F3]Each restricted stock unit represents a contingent right to receive one share of CHRD common stock.
  • [F4]Reflects shares that vested on 4/21/2010 under RSU grant from 11/25/2008
  • [F5]Reflects shares that vested on 4/21/2010 under RSU grant from 11/24/2009
  • [F6]This option, which provided for vesting in equal monthly installments over four years beginning 11/24/2009, was assumed by Pegasystems Inc. pursuant to the Merger Agreement and replaced with an option to purchase 6,408 shares of Pegasystems Inc. common stock for $21.943 per share.
  • [F7]This option, which provided for vesting in equal monthly installments over four years beginning 10/11/2007, was cancelled pursuant to the Merger Agreement with Pegasystems Inc.
  • [F8]This option, which provided for vesting in equal monthly installments over three years after a one year cliff beginning 08/14/2006, was cancelled pursuant to the Merger Agreement with Pegasystems Inc.

Issuer

CHORDIANT SOFTWARE INC

CIK 0001042134

Entity typeother

Related Parties

1
  • filerCIK 0001389978

Filing Metadata

Form type
4
Filed
Apr 29, 8:00 PM ET
Accepted
Apr 30, 9:31 PM ET
Size
21.7 KB