Filing Details

Accession Number:
0001127602-13-020244
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-06-12 20:27:20
Reporting Period:
2013-06-10
Filing Date:
2013-06-12
Accepted Time:
2013-06-12 20:27:20
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
835729 Bmc Software Inc BMC Services-Prepackaged Software (7372) 742126120
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1577799 Brian Edwin Bergdoll 2101 Citywest Blvd.
Houston TX 77042
Sr Vp Of Sales No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2013-06-10 262 $45.20 31,631 No 4 F Direct
Common Stock Disposition 2013-06-11 4,581 $45.15 27,050 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Performance-based Market Stock Units Disposition 2013-06-10 2,213 $0.00 2,213 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
3,460 No 4 D Direct
Footnotes
  1. Due to vesting of Performance-based Market Stock Unit ("MSU") awarded 6/6/2011, shares were withheld for payment of required tax withholding obligation pursuant to an exempt (under Rule 16b-3(e)) disposition to the Company.
  2. The sales reported in this Form 4 were effected pursuant to Rule 10b5-1 trading plan adopted by the reporting person on February 20, 2013.
  3. Each performance-based market stock unit (MSU) represents the right to receive, following vesting, up to 150% of one share of BMC common stock. The actual number of shares of BMC common stock acquired upon vesting of the performance-based MSUs can range from 0% to 150% of the number of MSUs awarded and is contingent upon the achievement of pre-established performance metrics, as approved by BMC's Compensation Committee. One half of the performance-based MSUs are subject to vesting two years after the award date, and one half are subject to vesting three years after the award date; provided, that any unvested MSUs after two years rollover and are eligible to vest after three years.
  4. Unless earlier forfeited under the terms of the performance-based MSU award agreement, each performance-based MSU converts into up to 150% of one share of BMC common stock based upon performance vesting. One half of the performance-based MSUs will vest based upon performance over a two year period ending two years after the award date, and one half of the performance-based MSUs will vest based upon performance over a three year period ending three years after the award date.