-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, E9JgbEJ/0LiYJ+j7UjdSiBjPV5YAfCbMN/gRVofVHmmOQZw93DSutSm++Bi4QYBG gHxLASk/Bsmuc89AISuO5A== 0001181431-08-026219.txt : 20080423 0001181431-08-026219.hdr.sgml : 20080423 20080423152450 ACCESSION NUMBER: 0001181431-08-026219 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080421 FILED AS OF DATE: 20080423 DATE AS OF CHANGE: 20080423 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: OPTIO SOFTWARE INC CENTRAL INDEX KEY: 0001096689 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 581435435 STATE OF INCORPORATION: GA FISCAL YEAR END: 0131 BUSINESS ADDRESS: STREET 1: WINDWARD FAIRWAY II STREET 2: 3015 WINDWARD PLZ CITY: ALPHARETTA STATE: GA ZIP: 30005 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: HUGHES F BARRON CENTRAL INDEX KEY: 0001218518 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-15529 FILM NUMBER: 08771667 BUSINESS ADDRESS: STREET 1: LORD BISSELL & BROOK STREET 2: 115 S LASALLE ST CITY: CHICAGO STATE: IL ZIP: 60603 BUSINESS PHONE: 3124430337 MAIL ADDRESS: STREET 1: 12125 WEXFORD MILL COURT CITY: ROSWELL STATE: GA ZIP: 30075 4 1 rrd203026.xml X0202 4 2008-04-21 1 0001096689 OPTIO SOFTWARE INC OPTO.OB 0001218518 HUGHES F BARRON C/O OPTIO SOFTWARE, INC. 3015 WINDWARD PLAZA,WINDWARD FAIRWAYS II ALPHARETTA GA 30005 1 0 0 0 Common Stock 2008-04-21 4 D 0 275000 1.85 D 0 D Stock Option (right to buy) .98 2008-04-21 4 D 0 10000 .87 D 2015-06-16 Common Stock 10000 0 D Stock Option (right to buy) 1.1 2008-04-21 4 D 0 15000 .75 D 2015-11-02 Common Stock 15000 0 D Stock Option (right to buy) 1.1 2008-04-21 4 D 0 96975 .75 D 2014-08-10 Common Stock 96975 0 D Stock Option (right to buy) 1.15 2008-04-21 4 D 0 5000 .70 D 2018-01-31 Common Stock 5000 0 D Stock Option (right to buy) 1.24 2008-04-21 4 D 0 5000 .61 D 2016-01-31 Common Stock 5000 0 D Stock Option (right to buy) 1.25 2008-04-21 4 D 0 5000 .60 D 2016-10-31 Common Stock 5000 0 D Stock Option (right to buy) 1.28 2008-04-21 4 D 0 10000 .57 D 2014-06-22 Common Stock 10000 0 D Stock Option (right to buy) 1.32 2008-04-21 4 D 0 5000 .53 D 2017-04-30 Common Stock 5000 0 D Stock Option (right to buy) 1.38 2008-04-23 4 D 0 5000 .47 D 2016-07-31 Common Stock 5000 0 D Stock Option (right to buy) 1.43 2008-04-21 4 D 0 5000 .42 D 2016-04-30 Common Stock 5000 0 D Stock Option (right to buy) 1.50 2008-04-21 4 D 0 5000 .35 D 2017-10-31 Common Stock 5000 0 D Stock Option (right to buy) 1.61 2008-04-21 4 D 0 5000 .24 D 2017-01-31 Common Stock 5000 0 D Stock Option (right to buy) 1.75 2008-04-21 4 D 0 5000 .10 D 2017-07-31 Common Stock 5000 0 D The options are fully vested. Pursuant to an Agreement and Plan of Merger, dated as of March 3, 2008, by and among Bottomline Technologies (de), Inc., Olive Acquisition Corp., a wholly owned subsidiary of Bottomline Technologies (de), Inc., and Optio Software, Inc., all holders of Optio options that are not exercised prior to the closing of the merger will receive, for each option with an exercise price less than $1.85, a cash payment equal to the difference between the per-share exercise price of the option and $1.85, and any unvested options vest at the effectiveness of the merger on April 21, 2008. 75% of these options were vested prior to the effective date of the merger but all options are now fully vested. Pursuant to an Agreement and Plan of Merger, dated as of March 3, 2008, by and among Bottomline Technologies (de), Inc., Olive Acquisition Corp., a wholly owned subsidiary of Bottomline Technologies (de), Inc., and Optio Software, Inc., all holders of Optio options that are not exercised prior to the closing of the merger will receive, for each option with an exercise price less than $1.85, a cash payment equal to the difference between the per-share exercise price of the option and $1.85, and any unvested options vest at the effectiveness of the merger on April 21, 2008. /s/ Barron Hughes 2008-04-21 -----END PRIVACY-ENHANCED MESSAGE-----