0001002225-15-000037.txt : 20150710
0001002225-15-000037.hdr.sgml : 20150710
20150710190853
ACCESSION NUMBER: 0001002225-15-000037
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150708
FILED AS OF DATE: 20150710
DATE AS OF CHANGE: 20150710
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ADVENT SOFTWARE INC /DE/
CENTRAL INDEX KEY: 0001002225
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371]
IRS NUMBER: 942901952
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 600 TOWNSEND ST
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94103
BUSINESS PHONE: 4155437696
MAIL ADDRESS:
STREET 1: 600 TOWNSEND ST
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94103
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hess David Peter
CENTRAL INDEX KEY: 0001309147
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-26994
FILM NUMBER: 15984542
MAIL ADDRESS:
STREET 1: 301 BRANNAN STREET
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94107
4
1
edgardoc.xml
PRIMARY DOCUMENT
X0306
4
2015-07-08
1
0001002225
ADVENT SOFTWARE INC /DE/
ADVS
0001309147
Hess David Peter
600 TOWNSEND STREET
SAN FRANCISCO
CA
94103
1
1
0
0
Chief Executive Officer
Common Stock
2015-05-29
5
J
0
806.0
26.3585
A
152698
D
Common Stock
2015-07-08
4
D
0
39260.0
44.25
D
113438
D
Common Stock
2015-07-08
4
D
0
89400.0
44.25
D
24038
D
Common Stock
2015-07-08
4
D
0
24038.0
44.25
D
0
D
Stock Appreciation Rights
7.84
2015-07-08
4
D
0
60000.0
36.41
D
2010-01-15
2019-01-15
Common Stock
60000
0
D
Stock Appreciation Rights
7.84
2015-07-08
4
D
0
39000.0
36.41
D
2010-05-14
2019-05-14
Common Stock
39000
0
D
Stock Appreciation Rights
11.88
2015-07-08
4
D
0
8200.0
32.37
D
2009-05-14
2018-05-14
Common Stock
8200
0
D
Stock Appreciation Rights
12.75
2015-07-08
4
D
0
59000.0
31.5
D
2011-05-14
2020-05-14
Common Stock
59000
0
D
Stock Appreciation Rights
17.8
2015-07-08
4
D
0
47560.0
0.0
D
2013-05-14
2022-05-14
Common Stock
47560
0
D
Stock Appreciation Rights
17.91
2015-07-08
4
D
0
46900.0
26.34
D
2012-05-13
2021-05-13
Common Stock
46900
0
D
Stock Appreciation Rights
18.23
2015-07-08
4
D
0
70570.0
0.0
D
2013-07-16
2022-07-16
Common Stock
70570
0
D
Stock Appreciation Rights
21.67
2015-07-08
4
D
0
139000.0
0.0
D
2014-05-14
2023-05-14
Common Stock
139000
0
D
Shares acquired through the 2005 Employee Stock Purchase Plan on 29 May 2015.
Consists of unvested restricted stock units ("Unvested RSUs") that were converted, pursuant to the Merger Agreement by and among the Company, SS&C Technologies Holdings, Inc. and Arbor Acquisition Corporation, into unvested RSUs in respect of SS&C common stock, with each RSU converted into 0.7012 SS&C RSUs.
Pursuant to the terms of the merger agreement, this award of performance-based restricted stock units ("PSUs") was, (i) with respect to 47,183 vested PSUs, canceled in exchange for a cash payment of $2,087,848, representing the number of vested PSUs times the merger consideration of $44.25 per share; and, (ii) with respect to 42,217 unvested PSUs, converted into unvested RSUs in respect of SS&C common stock, with each PSU converted into 0.7012 SS&C RSUs. Pursuant to the Merger Agreement, the Company's Compensation Committee determined the applicable level of performance at 200% of target performance, and the shares vested to be based on the number of months of service through the merger date as a percentage of the total vesting period of 36 months.
Disposed of pursuant to the terms of the Merger Agreement in exchange for a cash payment of $44.25 per share on the effective date of the merger.
Represents vested stock appreciation rights that were disposed of pursuant to the Merger Agreement in exchange for a pre-tax cash payment of $2,184,600, representing the aggregate difference between the exercise price of the stock appreciation right and the merger consideration of $44.25 per share, less applicable withholding taxes on the effective date of the merger.
Represents vested stock appreciation rights that were disposed of pursuant to the Merger Agreement in exchange for a pre-tax cash payment of $1,419,990, representing the aggregate difference between the exercise price of the stock appreciation right and the merger consideration of $44.25 per share, less applicable withholding taxes on the effective date of the merger.
Represents vested stock appreciation rights that were disposed of pursuant to the Merger Agreement in exchange for a pre-tax cash payment of $265,434, representing the aggregate difference between the exercise price of the stock appreciation right and the merger consideration of $44.25 per share, less applicable withholding taxes on the effective date of the merger.
Represents vested stock appreciation rights that were disposed of pursuant to the Merger Agreement in exchange for a pre-tax cash payment of $1,858,500, representing the aggregate difference between the exercise price of the stock appreciation right and the merger consideration of $44.25 per share, less applicable withholding taxes on the effective date of the merger.
Pursuant to the terms of the merger agreement this stock appreciation right was, (i) with respect to 36,661 vested shares, canceled in exchange for a pre-tax cash payment of $969,683, representing the aggregate difference between the exercise price of the stock appreciation right and the merger consideration of $44.25 per share, less applicable withholding taxes; and, (ii) with respect to 10,899 unvested shares, converted into unvested stock appreciation rights to acquire shares of SS&C common stock at an exercise price of $25.39 per share, with the right to acquire each Company share converted into the right to acquire 0.7012 shares of SS&C common stock.
Represents vested stock appreciation rights that were disposed of pursuant to the Merger Agreement in exchange for a pre-tax cash payment of $1,235,346, representing the aggregate difference between the exercise price of the stock appreciation right and the merger consideration of $44.25 per share, less applicable withholding taxes on the effective date of the merger.
Pursuant to the terms of the merger agreement this stock appreciation right was, (i) with respect to 51,457 vested shares, canceled in exchange for a pre-tax cash payment of $1,338,911, representing the aggregate difference between the exercise price of the stock appreciation right and the merger consideration of $44.25 per share, less applicable withholding taxes; and, (ii) with respect to 19,113 unvested shares, converted into unvested stock appreciation rights to acquire shares of SS&C common stock at an exercise price of $26.00 per share, with the right to acquire each Company share converted into the right to acquire 0.7012 shares of SS&C common stock.
Pursuant to the terms of the merger agreement this stock appreciation right was, (i) with respect to 72,396 vested shares, canceled in exchange for a pre-tax cash payment of $1,634,702, representing the aggregate difference between the exercise price of the stock appreciation right and the merger consideration of $44.25 per share, less applicable withholding taxes; and, (ii) with respect to 66,604 unvested shares, converted into unvested stock appreciation rights to acquire shares of SS&C common stock at an exercise price of $30.90 per share, with the right to acquire each Company share converted into the right to acquire 0.7012 shares of SS&C common stock.
By: James S Cox For: David P Hess
2015-07-10