OPEN SOLUTIONS INC 4
4 · OPEN SOLUTIONS INC · Filed Jul 6, 2006
Insider Transaction Report
Form 4
DANIEL GARY E
SVP & GM Credit Union Group
Transactions
- Sale
Common Stock
2006-07-03$26.68/sh−500$13,341→ 0 total - Exercise/Conversion
Stock Option (right to buy)
2006-07-03−3,500→ 36,275 totalExercise: $2.89Exp: 2013-05-06→ Common Stock (3,500 underlying) - Sale
Common Stock
2006-07-03$27.25/sh−1,000$27,250→ 7,256 total - Exercise/Conversion
Common Stock
2006-07-03$2.89/sh+3,500$10,115→ 0 total
Footnotes (2)
- [F1]The reported sale was effected by a broker transaction pursuant to instructions set forth in a Rule 10b5-1 trading plan adopted by the reporting person.
- [F2]This option was granted on 5/6/03 for 48,275 shares of common stock. 25% of the shares vested on 5/6/04 and the remaining shares vest in equal monthly installments thereafter until 5/6/07.