Munshi Ashfaq A 4
4 · MSC SOFTWARE CORP · Filed Oct 14, 2009
Insider Transaction Report
Form 4
Munshi Ashfaq A
Directorinterim CEO and President
Transactions
- Disposition to Issuer
Restricted Stock Unit
2009-10-13$8.40/sh−44,843$376,681→ 0 totalExp: 2010-03-11→ Common Stock (44,843 underlying)
Footnotes (2)
- [F1]1 for 1
- [F2]March 11, 2009 restricted stock unit grant that would have vested on March 11, 2010 if Mr. Munshi was still an employee or director of the Company. Grant was cancelled pursuant to a merger agreement between issuer, Maximus Holdings Inc. (a corporation controlled by Symphony Technology Group) and Maximus Inc. (a wholly-owned subsidiary of Maximus Holdings Inc.). in exchange for a cash payment of $8.40 per share (the merger price) or $376,681.20 (gross before taxes/other withholdings).