4//SEC Filing
ARTEMIS INTERNATIONAL SOLUTIONS CORP 4
Accession 0001104659-06-050030
CIK 0001099674operating
Filed
Jul 30, 8:00 PM ET
Accepted
Jul 31, 9:20 PM ET
Size
12.2 KB
Accession
0001104659-06-050030
Insider Transaction Report
Form 4
CAIRNS DAVID
Director
Transactions
- Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2006-07-01$0.15/sh−7,500$1,125→ 0 totalExercise: $1.45Exp: 2015-11-30→ Common Stock (7,500 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2006-07-01$0.15/sh−3,500$525→ 0 totalExercise: $1.45Exp: 2015-11-30→ Common Stock (3,500 underlying)
Footnotes (3)
- [F1]This option, which provided for vesting on the first anniversay of the grant date (November 30, 2006), provided the optionee remained a member of the Board of Directors on such date and attended at least 60% of the meetings convended by the Board of Directors during the preceding year, and which also provided for accelerated vesting upon a change of control, was cancelled upon consummation of the merger transaction contemplated by that certain Agreement and Plan of Merger dated as of March 10, 2006 among the issuer, RCN Acquisition, Inc. and Trilogy, Inc. in exchange for a cash payment of $1,125, representing the difference between the exercise price of the option and the common stock merger consideration of $1.60 per share.
- [F2]This option, which provided for vesting on the first anniversay of the grant date (November 30,2006), provided the optionee remained a member of the Audit Committee on such date and attended at least 60% of the meetings convended by the Audit Committee during the preceding year, and which also provided for accelerated vesting upon a change of control, was cancelled upon consummation of the merger transaction contemplated by that certain Agreement and Plan of Merger dated as of March 10, 2006 among the issuer, RCN Acquisition, Inc. and Trilogy, Inc. in exchange for a cash payment of $525, representing the difference between the exercise price of the option and the common stock merger consideration of $1.60 per share.
- [F3]This option, which provided for vesting on the first anniversay of the grant date (November 30, 2006), provided the optionee remained a member of the Nominating Committee on such date and attended at least 60% of the meetings convended by the Nominating Committee during the preceding year, and which also provided for accelerated vesting upon a change of control, was cancelled upon consummation of the merger transaction contemplated by that certain Agreement and Plan of Merger dated as of March 10, 2006 among the issuer, RCN Acquisition, Inc. and Trilogy, Inc. in exchange for a cash payment of $525, representing the difference between the exercise price of the option and the common stock merger consideration of $1.60 per share.
Documents
Issuer
ARTEMIS INTERNATIONAL SOLUTIONS CORP
CIK 0001099674
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001099674
Filing Metadata
- Form type
- 4
- Filed
- Jul 30, 8:00 PM ET
- Accepted
- Jul 31, 9:20 PM ET
- Size
- 12.2 KB