X0202 4 2007-03-07 1 0001050808 VITRIA TECHNOLOGY INC VITR 0001296723 Ounjian John N 945 STEWART DRIVE SUNNYVALE CA 94085 0 1 0 0 EVP, Healthcare Insurance Common Stock 2007-03-07 4 D 0 50000 D 0 D Common Stock 2007-03-07 4 D 0 50000 D 0 D Option (right to buy) 2.99 2007-03-07 4 D 0 80000 D 2014-07-06 Common Stock 80000 0 D Disposed of pursuant to that certain Agreement and Plan of Merger, dated September 20, 2006, between Issuer, Innovation Technology Group, Inc. and ITG Acquisition, Inc., pursuant to which each outstanding share of common stock was converted into the right to receive $2.75 in cash. The grant of restricted stock outstanding at the effective time of the merger not then vested was cancelled and substituted with a right to receive future cash payments of $2.75 per share pursuant to the same vesting schedule. The stock option vested as to 25% of the shares subject to the option on 08/01/2005 and 1/48th of the shares subject to the option monthly thereafter. Each stock option outstanding at the effective time of the merger, whether or not then vested or exercisable, was accelerated in accordance with the terms of the 1999 Equity Incentive Plan and cancelled. /s/ John N. Ounjian 2007-03-09