Fruge Melissa 4
4 · BORLAND SOFTWARE CORP · Filed Mar 2, 2009
Insider Transaction Report
Form 4
Fruge Melissa
VP, Gen. Counsel and Secretary
Transactions
- Award
Stock Option (Right to Buy Common Stock)
2009-02-27+100,000→ 155,000 totalExercise: $0.42From: 2010-02-27Exp: 2019-02-27→ Common Stock (100,000 underlying)
Footnotes (1)
- [F1]The option shall become exercisable with respect to twenty-five percent (25%)of the option shares on February 27, 2010 and 1/48th of the shares vesting each month thereafter; provided however, that all unvested shares shall vest if within two months prior to or within twelve months following a change in control of the Company, Ms. Fruge ceases to be the VP, General Counsel & Secretary of the new successor entity, or if Ms. Fruge's employment is terminated by the Company other than for cause or as a result of a constructive termination.