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