BORLAND SOFTWARE CORP 4
4 · BORLAND SOFTWARE CORP · Filed Jun 4, 2007
Insider Transaction Report
Form 4
MOROWSKI PETER J
Senior VP of Engineering
Transactions
- Award
Stock Option (Right to buy Common Stock)
2007-05-31+100,000→ 275,000 totalExercise: $5.96From: 2008-05-31Exp: 2017-05-31→ Common Stock (100,000 underlying)
Holdings
- 80,000
Common Stock
Footnotes (1)
- [F1]The option shall become exercisable with respect to twenty-five percent (25%) of the option shares on May 31, 2008 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, Mr. Morowski ceases to be the Senior VP of Engineering of the new successor entity, or if Mr. Morowski's employment is terminated by the Company other than for cause or as a result of a constructive termination.