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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Employee Stock Option (right to buy) | $ 15.98 | 02/06/2007 | M(1) | 204 | 06/02/2003 | 05/01/2013 | Common Stock | 204 | $ 0 | 213 | D | ||||
Employee Stock Option (right to buy) | $ 13.72 | 02/06/2007 | M(1) | 4,632 | 08/13/2005 | 08/12/2014 | Common Stock | 4,632 | $ 0 | 2,494 | D | ||||
Employee Stock Option (right to buy) | $ 16 | 02/06/2007 | M(1) | 10,564 | 01/31/2006 | 01/30/2015 | Common Stock | 10,564 | $ 0 | 5,687 | D | ||||
Employee Stock Option (right to buy) | $ 27.37 | 02/06/2007 | M(1) | 4,875 | 09/08/2006 | 09/07/2015 | Common Stock | 4,875 | $ 0 | 2,625 | D | ||||
Employee Stock Option (right to buy) | $ 33.05 | 02/06/2007 | M(1) | 13,000 | (1) | 09/07/2015 | Common Stock | 13,000 | $ 0 | 7,000 | D | ||||
Employee Stock Option (right to buy) | $ 30.89 | 02/06/2007 | M(1) | 19,500 | (1) | 07/23/2016 | Common Stock | 19,500 | $ 0 | 10,500 | D | ||||
Employee Stock Option (right to buy) | $ 15.98 | 02/06/2007 | D(2) | 213 | (2) | 05/01/2013 | Common Stock | 213 | $ 12.85 | 0 | D | ||||
Employee Stock Option (right to buy) | $ 13.72 | 02/06/2007 | D(3) | 2,494 | (3) | 08/12/2014 | Common Stock | 2,494 | $ 11.03 | 0 | D | ||||
Employee Stock Option (right to buy) | $ 16 | 02/06/2007 | D(4) | 5,687 | (4) | 01/30/2015 | Common Stock | 5,687 | $ 12.86 | 0 | D | ||||
Employee Stock Option (right to buy) | $ 27.37 | 02/06/2007 | D(5) | 2,625 | (5) | 09/07/2015 | Common Stock | 2,625 | $ 22.01 | 0 | D | ||||
Employee Stock Option (right to buy) | $ 33.05 | 02/06/2007 | D(6) | 7,000 | (6) | 09/07/2015 | Common Stock | 7,000 | $ 26.57 | 0 | D | ||||
Employee Stock Option (right to buy) | $ 30.89 | 02/06/2007 | D(7) | 10,500 | (7) | 07/23/2016 | Common Stock | 10,500 | $ 24.84 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Morken CeCelia C/O DIGITAL INSIGHT CORPORATION 26025 MUREAU ROAD CALABASAS, CA 91302 |
EVP Sales, Marketing, Delivery |
Myra E. Stevens, as Attorney-in-fact for CeCelia Morken | 02/08/2007 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Upon completion of the merger between the Issuer and Intuit Inc., unvested stock options held by the Reporting Person are accelerated and net exercised and the Reporting Person will receive a cash payment, without interest, for the net exercised stock options equal to the difference between $39.00 per share multiplied by the number of Issuer's shares subject to the stock options, less the aggregate exercise price of the stock options. |
(2) | This represents 35% of unvested options held by the Reporting Person prior to the consummation of the merger betwen the Issuer and Intuit Inc. In connection with the merger, such option was assumed by Intuit Inc. and replaced with an option to purchase 265 shares of common stock for $12.85 per share, and will continue to vest in accordance with th original vesting schedule. |
(3) | This represents 35% of unvested options held by the Reporting Person prior to the consummation of the merger betwen the Issuer and Intuit Inc. In connection with the merger, such option was assumed by Intuit Inc. and replaced with an option to purchase 3,102 shares of common stock for $11.03 per share, and will continue to vest in accordance with th original vesting schedule. |
(4) | This represents 35% of unvested options held by the Reporting Person prior to the consummation of the merger betwen the Issuer and Intuit Inc. In connection with the merger, such option was assumed by Intuit Inc. and replaced with an option to purchase 7,073 shares of common stock for $12.86 per share, and will continue to vest in accordance with th original vesting schedule. |
(5) | This represents 35% of unvested options held by the Reporting Person prior to the consummation of the merger betwen the Issuer and Intuit Inc. In connection with the merger, such option was assumed by Intuit Inc. and replaced with an option to purchase 3,265 shares of common stock for $22.01 per share, and will continue to vest in accordance with th original vesting schedule. |
(6) | This represents 35% of unvested options held by the Reporting Person prior to the consummation of the merger betwen the Issuer and Intuit Inc. In connection with the merger, such option was assumed by Intuit Inc. and replaced with an option to purchase 8,706 shares of common stock for $26.57 per share, and will continue to vest in accordance with th original vesting schedule. |
(7) | This represents 35% of unvested options held by the Reporting Person prior to the consummation of the merger betwen the Issuer and Intuit Inc. In connection with the merger, such option was assumed by Intuit Inc. and replaced with an option to purchase 13,060 shares of common stock for $24.84 per share, and will continue to vest in accordance with th original vesting schedule. |
(8) | Upon completion of the merger between the Issuer and Intuit Inc., unvested restricted stock held by the Reporting Person isaccelerated and net exercised and the Reporting Person will receive a cash payment, without interest, for the net exercised restricted stock equal to the difference between $39.00 per share multiplied by the number of Issuer's shares subject to the restricted stock, less the aggregate exercise price of the restricted stock. |