Home/Filings/4/A/0001328183-09-000004
4/A//SEC Filing

MSC SOFTWARE CORP 4/A

Accession 0001328183-09-000004

CIK 0000717238operating

Filed

Oct 18, 8:00 PM ET

Accepted

Oct 19, 5:09 PM ET

Size

8.8 KB

Accession

0001328183-09-000004

Insider Transaction Report

Form 4/AAmended
Period: 2009-10-13
Munshi Ashfaq A
Directorinterim CEO and President
Transactions
  • Disposition to Issuer

    Non-qualified Stock Option (right to buy)

    2009-10-13$1.64/sh10,000$16,4000 total
    Exercise: $6.76Exp: 2019-01-01Common stock (10,000 underlying)
  • Disposition to Issuer

    Restricted Stock Unit

    2009-10-13$8.40/sh44,843$376,6810 total
    Exp: 2010-03-11Common Stock (44,843 underlying)
Footnotes (3)
  • [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.) (the "MA") in exchange for a cash payment of $8.40 per share (the "merger price") or $376,681.20 (gross before taxes/other withholdings).
  • [F3]This amended report corrects Table II to include the disposition of this non-qualified stock option grant dated 1/2/09 that would have vested on 1/1/10 if Mr. Munshi was still a director of the Company. The stock option was cancelled pursuant to the MA in exchange for a cash payment of $1.64 per share (the difference between the exercise price of $6.76 and the merger price of $8.40 per share) or $16,400.00 (gross before tax/withholdings).

Issuer

MSC SOFTWARE CORP

CIK 0000717238

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000717238

Filing Metadata

Form type
4/A
Filed
Oct 18, 8:00 PM ET
Accepted
Oct 19, 5:09 PM ET
Size
8.8 KB