VERITAS SOFTWARE CORP /DE/ 4
4 · VERITAS SOFTWARE CORP /DE/ · Filed Jul 8, 2005
Insider Transaction Report
Form 4
MATIN ARTHUR R
EVP, Worldwide Sales
Transactions
- Disposition to Issuer
Common Stock
2005-07-02−172,804→ 172,804 total - Disposition to Issuer
Incentive Stock Option
2005-07-02−19,030→ 0 totalExercise: $26.27Exp: 2014-04-12→ Common Stock (19,030 underlying) - Disposition to Issuer
Non Qualified Stock Option (right to buy)
2005-07-02−24,792→ 0 totalExercise: $24.56Exp: 2012-02-15→ Common Stock (24,792 underlying) - Disposition to Issuer
Non Qualified Stock Option (right to buy)
2005-07-02−580,970→ 0 totalExercise: $26.27Exp: 2014-04-12→ Common Stock (580,970 underlying)
Footnotes (6)
- [F1]Exempt transaction pursuant to Rule 16b-3(e) of the Exchange Act of 1934, as amended.
- [F2]Shares were disposed of pursuant to merger agreement with Symantec Corporation in exchange for shares of Symantec Corporation common stock based on an exchange ratio of 1.1242 and having a value of $21.22 per share on the effective date of merger.
- [F3]Exempt transaction pursuant to Rule 16b-3(e) of the Exchange Act of 1934, as amended.
- [F4]Option, which provided for vesting in forty-eight equal monthly installments beginning 3/9/2004 and was subject to 100% acceleration of all unvested shares upon a change in control and termination of employment, was assumed by Symantec Corporation and replaced with an option to acquire 21,393 shares of Symantec Corporation common stock having an exercise price of $23.3677 per share.
- [F5]Option, which provided for vesting in forty-eight equal monthly installments beginning 11/15/2004, was assumed by Symantec Corporation and replaced with an option to acquire 27,870 shares of Symantec Corporation common stock having an exercise price of $21.8466 per share.
- [F6]Option, which provided for vesting in forty-eight equal monthly installments beginning 3/9/2004 and was subject to 100% acceleration of all unvested shares upon a change in control and termination of employment, was assumed by Symantec Corporation and replaced with an option to acquire 653,126 shares of Symantec Corporation common stock having an exercise price of $23.3677 per share.