4//SEC Filing
NEOWARE INC 4
Accession 0001398133-07-000074
CIK 0000894743operating
Filed
Oct 1, 8:00 PM ET
Accepted
Oct 2, 5:18 PM ET
Size
14.3 KB
Accession
0001398133-07-000074
Insider Transaction Report
Form 4
NEOWARE INCNWRE
Besier Klaus P
DirectorPresident and CEO
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2007-09-30$2.91/sh−75,000$218,250→ 0 totalExercise: $13.34Exp: 2016-10-30→ Common Stock (75,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2007-09-30$2.23/sh−50,000$111,500→ 0 totalExercise: $14.02Exp: 2017-07-02→ Common Stock (50,000 underlying) - Disposition to Issuer
Common Stock
2007-09-30−1,000→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2007-09-30$2.65/sh−250,000$662,500→ 0 totalExercise: $13.60Exp: 2016-07-12→ Common Stock (250,000 underlying)
Footnotes (5)
- [F1]Disposed of pursuant to an Agreement and Plan of Merger between Neoware, Inc., Hewlett-Packard Company and Narwhal Acquisition Corporation, dated as of July 23, 2007, in exchange for a cash payment of $16,250, representing the merger consideration per share ($16.25) of the Neoware, Inc. common stock as of 11:59 p.m. on September 30, 2007, the effective date of the merger, multiplied by the number of shares of Neoware, Inc. common stock disposed of by the reporting person in connection with the merger.
- [F2]This stock option, which provided for vesting in four equal annual installments beginning July 12, 2007, was vested and converted in the merger into the right to receive a cash payment of $662,500, representing the difference between the exercise price of the option and the merger consideration per share ($16.25) of the underlying Neoware, Inc. common stock on the effective date of the merger multiplied by the number of shares of Neoware, Inc. common stock subject to this option disposed of by the reporting person in connection with the merger.
- [F3]This amount represents the the per share difference between the exercise price of the option and the merger consideration per share of the underlying Neoware, Inc. common stock on the effective date of the merger ($16.25 per share).
- [F4]This stock option, which provided for vesting in four equal annual installments beginning October 30, 2007, was vested and converted in the merger into the right to receive a cash payment of $218,250, representing the difference between the exercise price of the option and the merger consideration per share ($16.25) of the underlying Neoware, Inc. common stock on the effective date of the merger multiplied by the number of shares of Neoware, Inc. common stock subject to this option disposed of by the reporting person in connection with the merger.
- [F5]This stock option, which provided for vesting in four equal annual installments beginning July 2, 2008, was vested and converted in the merger into the right to receive a cash payment of $111,500, representing the difference between the exercise price of the option and the merger consideration per share ($16.25) of the underlying Neoware, Inc. common stock on the effective date of the merger multiplied by the number of shares of Neoware, Inc. common stock subject to this option disposed of by the reporting person in connection with the merger.
Documents
Issuer
NEOWARE INC
CIK 0000894743
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000894743
Filing Metadata
- Form type
- 4
- Filed
- Oct 1, 8:00 PM ET
- Accepted
- Oct 2, 5:18 PM ET
- Size
- 14.3 KB