X0303 4 2011-01-03 0000835729 BMC SOFTWARE INC BMC 0001007549 SOLCHER STEPHEN B 2101 CITYWEST BLVD. HOUSTON TX 77042 1 Sr VP, CFO Common Stock 2011-01-03 4 S 0 8523 47.683 D 154525 D Common Stock 2011-01-03 4 S 0 5768 47.702 D 148757 D Common Stock 2011-01-03 4 M 0 1286 21.775 A 150043 D Common Stock 2011-01-03 4 S 0 1286 47.874 D 148757 D Common Stock 2011-01-03 4 M 0 8714 32.145 A 157471 D Common Stock 2011-01-03 4 S 0 8714 47.873 D 148757 D Common Stock 2011-01-03 4 M 0 5000 32.145 A 153757 D Common Stock 2011-01-03 4 S 0 5000 47.866 D 148757 D Common Stock 2011-01-03 4 M 0 5000 32.145 A 153757 D Common Stock 2011-01-03 4 S 0 5000 47.867 D 148757 D Employee Stock Option (Right to Buy) 21.775 2011-01-03 4 M 0 1286 0 D 2012-06-12 Common Stock 1286 0 D Employee Stock Option (Right to Buy) 32.145 2011-01-03 4 M 0 8714 0 D 2013-06-15 Common Stock 8714 76286 D Employee Stock Option (Right to Buy) 32.145 2011-01-03 4 M 0 5000 0 D 2013-06-15 Common Stock 5000 71286 D Employee Stock Option (Right to Buy) 32.145 2011-01-03 4 M 0 5000 0 D 2013-06-15 Common Stock 5000 66286 D The sales reported in this Form 4 were effected pursuant to Rule 10b5-1 trading plan adopted by the reporting person on August 2, 2010. This transaction was executed in multiple trades at prices ranging from $47.65 to $47.732. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. This transaction was executed in multiple trades at prices ranging from $47.66 to $47.732. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. This transaction was executed in multiple trades at prices ranging from $47.64 to $48.02. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. This transaction was executed in multiple trades at prices ranging from $47.59 to $48.03. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. This transaction was executed in multiple trades at prices ranging from $47.59 to $48.03. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. This transaction was executed in multiple trades at prices ranging from $47.59 to $48.03. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. Stock option award under BMC Software 1994 Employee Incentive Plan. The stock options shall vest monthly over four years. Christopher C. Chaffin, Attorney-in-fact for Stephen Boyd Solcher 2011-01-04