Filing Details
- Accession Number:
- 0001425763-12-000002
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-02-14 19:18:17
- Reporting Period:
- 2012-02-10
- Filing Date:
- 2012-02-14
- Accepted Time:
- 2012-02-14 19:18:17
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1098277 | Websense Inc | WBSN | Services-Business Services, Nec (7389) | 510380839 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1425763 | Robert John Mccormack | Websense, Inc. 10240 Sorrento Valley Road San Diego CA 92121 | President | 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 | 2012-02-10 | 5,232 | $17.61 | 72,933 | No | 4 | F | Direct | |
Common Stock | Disposition | 2012-02-10 | 9,043 | $17.45 | 63,890 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2012-02-10 | 20,000 | $0.00 | 83,890 | No | 4 | A | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | F | Direct | |
No | 4 | S | Direct | |
No | 4 | A | 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 | 2012-02-10 | 120,000 | $0.00 | 120,000 | $17.41 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
120,000 | 2013-02-10 | 2019-02-10 | No | 4 | M | Direct |
Footnotes
- Of the 14,275 Restricted Stock Units released to Recipient on 2/10/12, 5,232 shares were withheld to cover the Company's tax withholding obligation.
- John McCormack has a 10b5-1 selling plan for the period ending December 31, 2012. This reflects the sale of stock per this agreement.
- All 83,890 shares reported are Restricted Stock Units, which are subject to time-based vesting.
- 25% of the shares subject to the option shall vest one year from the date of grant and the remaining 75% shall vest monthly until the option is fully vested.