Filing Details

Accession Number:
0001209191-11-016652
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-03-09 12:00:00
Reporting Period:
2011-03-07
Filing Date:
2011-03-09
Accepted Time:
2011-03-09 16:48:24
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1168195 Sourcefire Inc FIRE Services-Computer Processing & Data Preparation (7374) 522289365
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1200878 C John Burris C/O Sourcefire, Inc.
9770 Patuxent Woods Drive
Columbia MD 21046
Chief Executive Officer Yes 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 Acquisiton 2011-03-07 5,550 $0.00 105,088 No 4 A Direct
Common Stock Acquisiton 2011-03-07 16,650 $0.00 121,738 No 4 A Direct
Common Stock Acquisiton 2011-03-08 12,332 $6.77 134,070 No 4 M Direct
Common Stock Disposition 2011-03-08 12,332 $26.76 121,738 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 A Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock option (right to buy) Acquisiton 2011-03-07 44,400 $0.00 44,400 $26.16
Common Stock Stock option (right to buy) Disposition 2011-03-08 12,332 $0.00 12,332 $6.77
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
44,400 2018-03-07 No 4 A Direct
87,592 2018-07-14 No 4 M Direct
Footnotes
  1. Represents restricted stock units granted to the reporting person. Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer.
  2. The shares underlying these restricted stock units vest in four equal annual installments beginning on March 7, 2012, subject to the reporting person's continuous service with the issuer as of the vesting date.
  3. The shares underlying these restricted stock units are eligible for vesting in four equal annual installments beginning on March 7, 2012, the first anniversary of the grant date. Subject to the reporting person's continuous service with the issuer as of such date, the number of shares eligible for vesting on each vesting date will vest based upon the issuer's meeting or exceeding specified annual financial objectives set by the issuer's compensation committee for such year. In the event the financial objectives for a particular year are not achieved, then the shares that otherwise would have vested on such vesting date will vest on March 7, 2016, the fifth anniversary of the grant date, subject to the reporting person's continuous service with the issuer on such date.
  4. Price reflected is the weighted-average sale price for shares sold. The range of sale prices for the transactions reported was $26.75 to $26.83 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
  5. The option will vest over a period of four years, with 25% of the shares underlying the option vesting on March 7, 2012, the first anniversary of the date of grant and the remainder vesting in 36 equal monthly installments thereafter.
  6. Of the shares exercisable under the option, (a) 25,980 shares underlying the option vested upon the price of the issuer's common stock exceeding $12.00 for 10 consecutive trading days as of June 11, 2009; (b) 37,971 shares underlying the option vested upon the price of the issuer's common stock exceeding $16.00 for 10 consecutive trading days as of August 12, 2009; and (c) 35,973 shares underlying the option vested upon the price of the issuer's common stock exceeding $20.00 for 10 consecutive trading days as of September 28, 2009.