4//SEC Filing
WEBMETHODS INC 4
Accession 0001209191-06-040340
CIK 0001035096operating
Filed
Jul 5, 8:00 PM ET
Accepted
Jul 6, 5:19 PM ET
Size
16.5 KB
Accession
0001209191-06-040340
Insider Transaction Report
Form 4
WEBMETHODS INCWEBM
RIECHERS GENE
Director
Transactions
- Award
Phantom Stock
2006-07-03$9.84/sh+1,076.818$10,596→ 11,356.025 total→ Common Stock (1,076.818 underlying)
Holdings
- 55,188
Stock Option (right to buy)
Exercise: $6.04From: 1999-12-17Exp: 2009-11-17→ Common Stock (55,188 underlying) - 30,125
Common Stock
- 15,000
Stock Option (right to buy)
Exercise: $8.85From: 2002-09-28Exp: 2012-08-28→ Common Stock (15,000 underlying)
Footnotes (5)
- [F1]Option vests ratably over 36 months following option grant date.
- [F2]Option vests ratably over twelve months following option grant date.
- [F3]Pursuant to the webMethods, Inc. Deferred Compensation Plan for Directors (the "Plan"), the reporting person has elected to defer receipt of his retainer and fees for attending Board and Committee meetings and receive shares of common stock valued by the quotient of the amount of Director retainer fees accrued during the previous quarter divided by the fair market value of webMethods' common stock, as calculated in accordance with the Plan.
- [F4]One for one.
- [F5]The phantom stock will be paid to the reporting person in the form of common stock, as soon as practicable after the earliest of the reporting person?s termination of service as a director, the termination of the Plan or the time that the Administrator under the Plan approves a distribution in the event of severe financial hardship.
Issuer
WEBMETHODS INC
CIK 0001035096
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001035096
Filing Metadata
- Form type
- 4
- Filed
- Jul 5, 8:00 PM ET
- Accepted
- Jul 6, 5:19 PM ET
- Size
- 16.5 KB