0001179110-13-011771.txt : 20130712 0001179110-13-011771.hdr.sgml : 20130712 20130712162631 ACCESSION NUMBER: 0001179110-13-011771 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20130711 FILED AS OF DATE: 20130712 DATE AS OF CHANGE: 20130712 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ExactTarget, Inc. CENTRAL INDEX KEY: 0001420850 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 201367351 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 20 NORTH MERIDIAN STREET CITY: INDIANAPOLIS STATE: IN ZIP: 46204 BUSINESS PHONE: 317-423-3928 MAIL ADDRESS: STREET 1: 20 NORTH MERIDIAN STREET CITY: INDIANAPOLIS STATE: IN ZIP: 46204 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Dorsey Scott D CENTRAL INDEX KEY: 0001544704 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35461 FILM NUMBER: 13966285 MAIL ADDRESS: STREET 1: 20 N. MERIDIAN STREET STREET 2: SUITE 200 CITY: INDIANAPOLIS STATE: IN ZIP: 46204 4 1 edgar.xml FORM 4 - X0306 4 2013-07-11 1 0001420850 ExactTarget, Inc. ET 0001544704 Dorsey Scott D 20 NORTH MERIDIAN STREET SUITE 200 INDIANAPOLIS IN 46204 1 1 0 0 Chief Executive Officer Common Stock 2013-07-11 4 U 0 950000 33.75 D 75000 D Common Stock 2013-07-11 4 U 0 300000 33.75 D 0 I See footnote Common Stock 2013-07-12 4 D 0 37500 33.75 D 37500 D Common Stock 2013-07-12 4 D 0 37500 D 0 D Employee Stock Option (right to buy) 4.67 2013-07-12 4 D 0 400000 29.08 D 2019-01-25 Common Stock 400000 0 D Employee Stock Option (right to buy) 5.61 2013-07-12 4 D 0 200000 28.14 D 2020-05-26 Common Stock 200000 0 D Employee Stock Option (right to buy) 7.7 2013-07-12 4 D 0 200000 26.05 D 2021-03-23 Common Stock 200000 0 D Employee Stock Option (right to buy) 15 2013-07-12 4 D 0 250000 18.75 D 2022-02-28 Common Stock 250000 50000 D Employee Stock Option (right to buy) 15 2013-07-12 4 D 0 50000 D 2022-02-28 Common Stock 50000 0 D Employee Stock Option (right to buy) 22.1 2013-07-12 4 D 0 87500 11.65 D 2023-02-26 Common Stock 87500 62500 D Employee Stock Option (right to buy) 22.1 2013-07-12 4 D 0 62500 D 2023-02-26 Common Stock 62500 0 D These shares are held by the Dorsey Foundation, Inc., of which Mr. Dorsey is a director. Mr. Dorsey disclaims beneficial ownership of these shares and the filing of this report is not an admission that he is the beneficial owner of these shares for purposes of Section 16 or for any other purpose. Represents restricted stock units disposed of pursuant to a merger agreement between ExactTarget, Inc., salesforce.com, inc. and Excalibur Acquisition Corp. Represents restricted stock units disposed of pursuant to a merger agreement between ExactTarget, Inc., salesforce.com, inc. and Excalibur Acquisition Corp. These restricted stock units, which provided for vesting in four equal annual installments beginning February 26, 2014, were assumed by salesforce.com, inc. in the merger and replaced with 32,845 restricted stock units of salesforce.com, inc. that will vest in two equal annual installments beginning on February 26, 2014. This option grant, which provided that 100,000 options would vest and become exercisable on January 26, 2010 and 300,000 options would vest and become exercisable in thirty-six equal monthly installments beginning on February 26, 2010, was cancelled in the merger in exchange for a cash payment of $11,632,000 representing the difference between the exercise price of the option and the market value of the underlying ExactTarget, Inc. common stock on the effective date of the merger ($33.75 per share). This option grant, which provided that 50,000 options would vest and become exercisable on May 27, 2011 and 150,000 options would vest and become exercisable in thirty-six equal monthly installments beginning on June 27, 2011, was cancelled in the merger in exchange for a cash payment of $5,629,000 representing the difference between the exercise price of the option and the market value of the underlying ExactTarget, Inc. common stock on the effective date of the merger ($33.75 per share). This option grant, which provided that 50,000 options would vest and become exercisable on March 24, 2012 and 150,000 options would vest and become exercisable in thirty-six equal monthly installments beginning on April 24, 2012, was cancelled in the merger in exchange for a cash payment of $5,210,000 representing the difference between the exercise price of the option and the market value of the underlying ExactTarget, Inc. common stock on the effective date of the merger ($33.75 per share). This option grant, which provided that 75,000 options would vest and become exercisable on March 1, 2013 and 225,000 options would vest and become exercisable in thirty-six equal monthly installments beginning on April 1, 2013, was cancelled in the merger in exchange for a cash payment of $4,687,500 representing the difference between the exercise price of the option and the market value of the underlying ExactTarget, Inc. common stock on the effective date of the merger ($33.75 per share). This option grant, which provided that 75,000 options would vest and become exercisable on March 1, 2013 and 225,000 options would vest and become exercisable in thirty-six equal monthly installments beginning on April 1, 2013, was assumed by salesforce.com, inc. in the merger and replaced with an option to purchase 43,794 shares of salesforce.com, inc. common stock for $17.13 per share. This option grant, which provided that one-fourth would vest and become exercisable on February 26, 2014 and three-fourths would vest and become exercisable in thirty-six equal monthly installments beginning on March 26, 2014, was cancelled in the merger in exchange for a cash payment of $1,019,375 representing the difference between the exercise price of the option and the market value of the underlying ExactTarget, Inc. common stock on the effective date of the merger ($33.75 per share). This option grant, which provided that one-fourth would vest and become exercisable on February 26, 2014 and three-fourths would vest and become exercisable in thirty-six equal monthly installments beginning on March 26, 2014, was assumed by salesforce.com, inc. in the merger and replaced with an option to purchase 54,742 shares of salesforce.com, inc. common stock for $25.23 per share. /s/ Brent D. Mosby, attorney-in-fact for Scott D. Dorsey 2013-07-12