ADVENT SOFTWARE INC /DE/ 4
4 · ADVENT SOFTWARE INC /DE/ · Filed Feb 11, 2005
Insider Transaction Report
Form 4
ZUENDT WILLIAM
Director
Transactions
- Exercise/Conversion
Common Stock
2005-02-09$8.33/sh+30,000$250,020→ 39,000 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2005-02-09−6,000→ 0 totalExercise: $12.92Exp: 2008-12-01→ Common Stock (6,000 underlying) - Exercise/Conversion
Common Stock
2005-02-09$12.92/sh+6,000$77,502→ 45,000 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2005-02-09−30,000→ 0 totalExercise: $8.33Exp: 2007-11-11→ Common Stock (30,000 underlying)
Footnotes (2)
- [F1]20% of the Shares subject to the Option shall vest twelve months after the Vesting Commencement Date, and 1/60 of the Shares subject to the Option shall vest each month thereafter, subject to the Optionee continuing to be a Service Provider on such dates.
- [F2]8.33% of the Options vest four years and one month after the date of grant and the remaining Options shall vest in equal monthly installments over the next 11-month period.