APPLIX INC /MA/ 4

4 · APPLIX INC /MA/ · Filed Aug 5, 2005

Form 4

Period: 2005-08-04

VP Product Development

Transactions

Exercise/Conversion
Stock Option
2005-08-05−30,919→ 0 total
Exercise: $1.37Exp: 2008-07-01→ Common Stock (30,919 underlying)
Exercise/Conversion
Common Stock
2005-08-05$3.88/sh+596$2,310→ 596 total
Exercise/Conversion
Stock Option
2005-08-04−18,100→ 596 total
Exercise: $3.88Exp: 2006-01-01→ Common Stock (18,100 underlying)
Sale
Common Stock
2005-08-04$6.80/sh−18,100$123,042→ 6,334 total
Exercise/Conversion
Stock Option
2005-08-05−596→ 0 total
Exercise: $3.88Exp: 2006-01-01→ Common Stock (596 underlying)
Exercise/Conversion
Stock Option
2005-08-05−12,502→ 0 total
Exercise: $2.38Exp: 2008-01-01→ Common Stock (12,502 underlying)
Exercise/Conversion
Common Stock
2005-08-04$3.88/sh+18,100$70,138→ 18,100 total
Exercise/Conversion
Common Stock
2005-08-05$2.38/sh+12,502$29,755→ 12,502 total
Exercise/Conversion
Common Stock
2005-08-05$1.37/sh+30,919$42,359→ 30,919 total
Sale
Common Stock
2005-08-05$6.73/sh−16,437$110,552→ 33,914 total

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

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