Scannell Patrick J Jr 4

4 · NETEZZA CORP · Filed Aug 31, 2010

Form 4

Period: 2010-08-27

CFO & Sr. Vice President

Transactions

Exercise/Conversion
Common Stock
2010-08-27$6.70/sh+88,750$594,625→ 133,750 total
Exercise/Conversion
Common Stock
2010-08-27$2.50/sh+7,500$18,750→ 45,000 total
Exercise/Conversion
Employee Stock Option (right to buy)
2010-08-27−7,500→ 15,000 total
Exercise: $2.50Exp: 2016-02-01→ Common Stock (7,500 underlying)
Exercise/Conversion
Employee Stock Option (right to buy)
2010-08-27−88,750→ 107,791 total
Exercise: $6.70Exp: 2017-02-14→ Common Stock (88,750 underlying)
Sale
Common Stock
2010-08-27$18.75/sh−96,250$1,804,293→ 37,500 total

Footnotes (4)

[F1]The sales reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 15, 2010.
[F2]The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $18.97 to $19.21 per share. The reporting person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the issuer, or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
[F3]Represents partial exercise of an option to purchase an aggregate of 150,000 shares granted by the issuer pursuant to its 2000 Stock Incentive Plan on February 20, 2006. This option is currently vested as to 135,000 shares, and will vest as to 7,500 additional shares on November 1, 2010 and at the end of each successive three-month period thereafter, through and including February 1, 2011.
[F4]Represents partial exercise of an option to purchase an aggregate of 200,000 shares granted by the issuer pursuant to its 2000 Stock Incentive Plan on February 14, 2007. This option is currently vested as to 140,000 shares, and will vest as to 10,000 additional shares on November 1, 2010 and at the end of each successive three-month period thereafter, through and including February 1, 2012.

Documents

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