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4//SEC Filing

O'Keefe Colleen A 4

Accession 0000758004-10-000151

CIK 0000758004other

Filed

Dec 15, 7:00 PM ET

Accepted

Dec 16, 4:48 PM ET

Size

12.1 KB

Accession

0000758004-10-000151

Insider Transaction Report

Form 4
Period: 2010-12-14
O'Keefe Colleen A
Senior VP of Services
Transactions
  • Award

    Common Stock

    2010-12-14+21,463241,511 total
  • Tax Payment

    Common Stock

    2010-12-14$5.99/sh6,816$40,828234,695 total
  • Award

    Stock Option (right to buy)

    2010-12-14+15,62431,248 total
    Exercise: $6.71From: 2010-12-14Exp: 2015-12-18Common Stock (15,624 underlying)
  • Award

    Stock Option (right to buy)

    2010-12-14+48,82848,828 total
    Exercise: $3.64From: 2010-12-14Exp: 2016-12-16Common Stock (48,828 underlying)
Footnotes (4)
  • [F1]Represents restricted stock units, granted to the reporting person on December 16, 2008, that vested on December 14, 2010, based upon satisfaction of certain predetermined performance criteria for fiscal 2010. The vested units were automatically converted into common stock on a one-for-one basis on the vesting date.
  • [F2]Represents shares withheld to satisfy the tax liability of the reporting person upon the vesting of 21,463 shares under a Restricted Stock Unit award.
  • [F3]On December 18, 2007, the reporting person was granted an option to purchase 62,497 shares of common stock. The option vests in four equal annual installments based on Novell's satisfaction of certain performance criteria for each of the fiscal years ending October 31, 2008, 2009, 2010 and 2011. The performance criteria for 2010 were met, resulting in the vesting of the option as to 15,624 shares.
  • [F4]On December 16, 2008, the reporting person was granted an option to purchase 97,656 shares of common stock. The option vests in four equal annual installments based on Novell's satisfaction of certain performance criteria for each of the fiscal years ending October 31, 2009, 2010, 2011 and 2012. The performance criteria for 2010 were met, resulting in the vesting of the option as to 48,828 shares.

Issuer

NOVELL INC

CIK 0000758004

Entity typeother

Related Parties

1
  • filerCIK 0001382276

Filing Metadata

Form type
4
Filed
Dec 15, 7:00 PM ET
Accepted
Dec 16, 4:48 PM ET
Size
12.1 KB