SLUIMER HUGO 4
4 · VERITY INC \DE\ · Filed Jan 3, 2006
Insider Transaction Report
Form 4
VERITY INC \DE\VRTY
SLUIMER HUGO
Sr VP, Intl Sales & Euro. Ops.
Transactions
- Exercise/Conversion
Common Stock
2005-12-29$10.40/sh+11,250$117,000→ 26,250 total - Exercise/Conversion
Non-Qualified Stock Option
2005-12-29−15,000→ 33,000 totalExercise: $11.40From: 2004-09-30Exp: 2012-08-30→ Common Stock (15,000 underlying) - Other
Non-Qualified Stock Option
2005-12-29−88,000→ 0 totalExercise: $21.00From: 2003-02-08Exp: 2009-01-08→ Common Stock (88,000 underlying) - Exercise/Conversion
Common Stock
2005-12-29$11.40/sh+15,000$171,000→ 15,000 total - Other
Common Stock
2005-12-29$13.50/sh−26,250$354,375→ 0 total - Exercise/Conversion
Non-Qualified Stock Option
2005-12-29−11,250→ 33,750 totalExercise: $10.40From: 2005-10-13Exp: 2008-09-13→ Common Stock (11,250 underlying)
Footnotes (6)
- [F1]Option vests monthly for one year following a one month cliff from vest start date.
- [F2]Optionee has 12 months from termination to exercise option.
- [F3]Option vests monthly for four years following a one month cliff from vest start date.
- [F4]Option cancelled per terms of merger agreement.
- [F5]Disposition in merger.
- [F6]All options outstanding at time of merger are assumed by Autonomy.