4//SEC Filing
Berryman Kenneth 4
Accession 0001127602-12-030642
CIK 0000835729other
Filed
Nov 12, 7:00 PM ET
Accepted
Nov 13, 5:33 PM ET
Size
7.9 KB
Accession
0001127602-12-030642
Insider Transaction Report
Form 4
Berryman Kenneth
Senior VP, Strategy & Corp Dev
Transactions
- Award
Performance-based Market Stock Units
2012-11-12+11,631→ 11,631 total→ Common Stock (11,631 underlying) - Award
Common Stock
2012-11-12+12,747→ 75,991 total
Footnotes (3)
- [F1]Award of time-based restricted stock units under BMC Software, Inc. 2007 Employee Incentive Plan. The time-based restricted stock units shall vest based on continuous employment, 1/3 per year over three years.
- [F2]Each performance-based market stock unit (MSU) represents the right to receive, following vesting, up to 150% of one share of BMC common stock. The actual number of shares of BMC common stock acquired upon vesting of the performance-based MSUs can range from 0% to 150% of the number of MSUs awarded and is contingent upon the achievement of pre-established performance metrics, as approved by BMC's Compensation Committee. One half of the performance-based MSUs are subject to vesting two years after the award date, and one half are subject to vesting three years after the award date; provided, that any unvested MSUs after two years rollover and are eligible to vest after three years.
- [F3]Unless earlier forfeited under the terms of the performance-based MSU award agreement, each performance-based MSU converts into up to 150% of one share of BMC common stock based upon performance vesting. One half of the performance-based MSUs will vest based upon performance over a two year period ending two years after the award date, and one half of the performance-based MSUs will vest based upon performance over a three year period ending three years after the award date; provided, that any unvested MSUs after two years rollover and are eligible to vest after three years.
Documents
Issuer
BMC SOFTWARE INC
CIK 0000835729
Entity typeother
Related Parties
1- filerCIK 0001501685
Filing Metadata
- Form type
- 4
- Filed
- Nov 12, 7:00 PM ET
- Accepted
- Nov 13, 5:33 PM ET
- Size
- 7.9 KB