APPLIX INC /MA/ 4

4 · APPLIX INC /MA/ · Filed Feb 18, 2005

Insider Transaction Report

Form 4

Period: 2005-02-16

APPLIX INC /MA/APLX

CERVO CRAIG

VP Product Development

Transactions

Exercise/Conversion
Common Stock
2005-02-16$3.88/sh+11,304$43,803→ 11,304 total
Exercise/Conversion
Common Stock
2005-02-16$2.38/sh+7,498$17,845→ 7,498 total
Exercise/Conversion
Common Stock
2005-02-16$1.37/sh+23,367$32,013→ 23,367 total
Exercise/Conversion
Common Stock
2005-02-16$1.75/sh+9,000$15,750→ 9,000 total
Sale
Common Stock
2005-02-16$7.98/sh−11,304$90,209→ 41,644 total
Sale
Common Stock
2005-02-16$7.98/sh−7,498$59,836→ 41,644 total
Exercise/Conversion
Stock Option
2005-02-16−11,304→ 18,696 total
Exercise: $3.88Exp: 2006-01-01→ Common Stock (11,304 underlying)
Exercise/Conversion
Stock Option
2005-02-16−7,498→ 12,502 total
Exercise: $2.38Exp: 2008-01-01→ Common Stock (7,498 underlying)
Sale
Common Stock
2005-02-16$7.98/sh−23,367$186,476→ 41,644 total
Sale
Common Stock
2005-02-16$7.98/sh−9,000$71,823→ 41,644 total
Exercise/Conversion
Common Stock
2005-02-17$1.75/sh+9,750$17,063→ 9,750 total
Exercise/Conversion
Common Stock
2005-02-17$1.64/sh+14,746$24,183→ 14,746 total
Sale
Common Stock
2005-02-17$7.66/sh−9,750$74,678→ 41,644 total
Sale
Common Stock
2005-02-17$7.66/sh−14,746$112,944→ 41,644 total
Exercise/Conversion
Stock Option
2005-02-17−9,750→ 18,750 total
Exercise: $1.75Exp: 2008-12-06→ Common Stock (9,750 underlying)
Exercise/Conversion
Stock Option
2005-02-17−14,746→ 29,004 total
Exercise: $1.64Exp: 2010-02-05→ Common Stock (14,746 underlying)
Exercise/Conversion
Stock Option
2005-02-16−23,367→ 24,133 total
Exercise: $1.37Exp: 2008-07-01→ Common Stock (23,367 underlying)
Exercise/Conversion
Stock Option
2005-02-16−9,000→ 28,500 total
Exercise: $1.75Exp: 2008-12-06→ Common Stock (9,000 underlying)

Footnotes (2)

[F1]The vesting period of the stock options is 4 years. The options shall vest in equal 12.5% installments, the first installment to vest after the first six months and the remainder to vest at the end of the subsequent 7 consecutive 6-month periods.
[F2]Derivative price equals exercise price.

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION