4//SEC Filing
TRIZETTO GROUP INC 4
Accession 0001434039-08-000006
CIK 0001092458operating
Filed
Aug 4, 8:00 PM ET
Accepted
Aug 5, 3:33 PM ET
Size
12.2 KB
Accession
0001434039-08-000006
Insider Transaction Report
Form 4
Long Carl J W II
VP & Prin. Accounting Officer
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2008-08-04−20,000→ 0 totalExercise: $18.49Exp: 2017-07-22→ Common Stock (20,000 underlying) - Award
Common Stock
2008-08-04+2,000→ 5,000 total - Disposition to Issuer
Employee Stock Option (right to buy)
2008-08-04−4,628→ 0 totalExercise: $19.19Exp: 2013-02-06→ Common Stock (4,628 underlying) - Disposition to Issuer
Common Stock
2008-08-04$22.00/sh−5,000$110,000→ 0 total
Footnotes (4)
- [F1]These shares of restricted Common Stock were granted to the Reporting Person under the Issuer's 1998 Long-Term Incentive Plan. The award, which was granted on January 30, 2007, was not reported previously on a Form 4 because it was performance-based and its vesting was contingent upon the attainment of certain goals. Now, however, pursuant to the merger between the Issuer, TZ Holdings, L.P. and TZ Merger Sub, Inc., effective August 4, 2008 (the "Merger"), this award vested in full on August 4, 2008.
- [F2]Disposed of pursuant to the Merger, which provides for the cancellation of shares of Common Stock of the Issuer in exchange for $22.00 per share (the "Merger Consideration").
- [F3]This option, which provided for vesting in four equal annual installments beginning on July 23, 2008, was cancelled in the Merger in exchange for a cash payment equal to the Merger Consideration less the exercise price per share for each of the underlying shares.
- [F4]This option, which provided for vesting in four equal annual installments beginning on February 7, 2009, was cancelled in the Merger in exchange for a cash payment equal to the Merger Consideration less the exercise price per share for each of the underlying shares.
Documents
Issuer
TRIZETTO GROUP INC
CIK 0001092458
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001092458
Filing Metadata
- Form type
- 4
- Filed
- Aug 4, 8:00 PM ET
- Accepted
- Aug 5, 3:33 PM ET
- Size
- 12.2 KB