4//SEC Filing
CLICK COMMERCE INC 4
Accession 0001179110-06-020561
CIK 0001107050operating
Filed
Oct 29, 7:00 PM ET
Accepted
Oct 30, 7:36 PM ET
Size
11.7 KB
Accession
0001179110-06-020561
Insider Transaction Report
Form 4
FERRO MICHAEL W JR
DirectorChm & CEO10% Owner
Transactions
- Disposition to Issuer
Common Stock
2006-10-26$22.75/sh−2,514,154$57,197,004→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2006-10-26$22.75/sh−50,000$1,137,500→ 0 totalExercise: $17.28From: 2005-11-10Exp: 2015-05-10→ Common Stock (50,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2006-10-26$22.75/sh−200,000$4,550,000→ 0 totalExercise: $1.89From: 2006-01-01Exp: 2013-07-29→ Common Stock (200,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2006-10-26$22.75/sh−150,000$3,412,500→ 0 totalExercise: $6.46From: 2006-10-26Exp: 2014-02-27→ Common Stock (150,000 underlying)
Footnotes (2)
- [F1]The option was canceled pursuant to the terms of the Agreement and Plan of Merger dated September 5, 2006 between Click Commerce, Inc., ITW Leap Corp and Illinois Tool Works Inc. (the "Merger Agreement") in exchange for a cash payment equal to (i) the excess, if any of (A) $22.75 over (B) the exercise price of the stock option multiplied by (ii) the number of shares of common stock exercisable at the time of the merger.
- [F2]The option became fully vested upon consummation of the merger pursuant to the merger agreement.
Documents
Issuer
CLICK COMMERCE INC
CIK 0001107050
Entity typeoperating
Related Parties
1- filerCIK 0001107050
Filing Metadata
- Form type
- 4
- Filed
- Oct 29, 7:00 PM ET
- Accepted
- Oct 30, 7:36 PM ET
- Size
- 11.7 KB