Home > Insider Trading > Filing (0001181431-10-024951)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1093885	Sonicwall Inc	SNWL	Services-Business Services, Nec (7389)	770270079

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1229074	Matthew Medeiros	2001 Logic Drive San Jose CA 95124	President & Ceo	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
Common Stock	Acquisiton	2010-05-04	20,000	$3.38	191,874	No	4	M	Direct
Common Stock	Disposition	2010-05-04	20,000	$9.88	171,874	No	4	S	Direct
Common Stock	Acquisiton	2010-05-05	30,000	$3.38	201,874	No	4	M	Direct
Common Stock	Disposition	2010-05-05	30,000	$9.66	171,874	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	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	Employee Stock Option (Right to buy)	Disposition	2010-05-04	20,000	$0.00	20,000	$3.38
Common Stock	Employee Stock Option (Right to buy)	Disposition	2010-05-05	30,000	$0.00	30,000	$3.38

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
2,003,960		2013-03-17	No	4	M	Direct
1,973,960		2013-03-17	No	4	M	Direct

Footnotes

This transaction was executed pursuant to a Rule 10b5-1 trading plan that was adopted by the Reporting Person on May 14, 2009.
The 20,000 shares were sold through separate trades, with the sale prices ranging from $9.7519 to $10.00, and at a weighted average sale price of $9.8846. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission (the "SEC"), the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate purchase price.
The 30,000 shares were sold through separate trades, with the sale prices ranging from $9.562 to $9.7819, and at a weighted average sale price of $9.6555. The Reporting Person undertakes to provide upon request by the staff of the SEC, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate purchase price.
The Reporting Person exercised 20,000 shares of the 2,400,000 share option granted under the Issuer's 1998 Stock Option Plan, which 2,400,000 share option vests and becomes exercisable as to 1/4th of the shares on March 17, 2004 and as to 1/48th of the shares on each one month anniversary thereafter (the "2,400,000 Share Option").
The Reporting Person exercised 30,000 shares of the 2,400,000 Share Option.