4//SEC Filing
BMC SOFTWARE INC 4
Accession 0001127602-13-027046
CIK 0000835729operating
Filed
Sep 11, 8:00 PM ET
Accepted
Sep 12, 1:29 PM ET
Size
18.6 KB
Accession
0001127602-13-027046
Insider Transaction Report
Form 4
Castro Hollie Sammons
Senior VP, Administration
Transactions
- Disposition to Issuer
Common Stock
2013-09-10$46.25/sh−41,566$1,922,428→ 0 total - Disposition to Issuer
Performance-based Market Stock Units
2013-09-10−13,385→ 0 total→ Common Stock (13,385 underlying) - Disposition to Issuer
Performance-based Market Stock Units
2013-09-10−16,223→ 0 total→ Common Stock (16,223 underlying) - Disposition to Issuer
Performance-based Market Stock Units
2013-09-10−6,399→ 0 total→ Common Stock (6,399 underlying) - Disposition to Issuer
Performance-based Market Stock Units
2013-09-10−13,334→ 0 total→ Common Stock (13,334 underlying) - Disposition to Issuer
Performance-based Market Stock Units
2013-09-10−4,462→ 0 totalExercise: $0.00→ Common Stock (4,462 underlying)
Footnotes (7)
- [F1]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.
- [F2]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.
- [F3]These performance-based market stock units were fully vested at the effective time of the merger and cancelled in exchange for a cash payment equal to the product of the number of stock units multiplied by the merger consideration of $46.25 per share.
- [F4]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.
- [F5]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.
- [F6]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.
- [F7]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 typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000835729
Filing Metadata
- Form type
- 4
- Filed
- Sep 11, 8:00 PM ET
- Accepted
- Sep 12, 1:29 PM ET
- Size
- 18.6 KB