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Filing Details

Accession Number:: 0001127602-13-020239
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2013-06-12 19:35:20
Reporting Period:: 2013-06-10

Filing Date:: 2013-06-12
Accepted Time:: 2013-06-12 19:35:20
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
835729	Bmc Software Inc	BMC	Services-Prepackaged Software (7372)	742126120

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1355294	D William Miller	2101 Citywest Blvd. Houston TX 77042	Chief Operating Officer	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2013-06-11	17,292	$32.15	81,069	No	4	M	Direct
Common Stock	Disposition	2013-06-11	17,292	$45.17	47,185	No	4	S	Direct
Common Stock	Disposition	2013-06-11	7,177	$45.14	57,300	No	4	S	Direct
Common Stock	Acquisiton	2013-06-10	1,428	$45.20	64,477	No	4	M	Direct
Common Stock	Disposition	2013-06-10	600	$45.20	63,877	No	4	F	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct
No	4	M	Direct
No	4	F	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Performance-based Market Stock Units	Disposition	2013-06-10	5,067	$0.00	5,067	$0.00
Common Stock	Employee Stock Option (Right to Buy)	Disposition	2013-06-11	17,292	$0.00	17,292	$32.15
Common Stock	Performance-based Market Stock Units	Disposition	2013-06-10	1,428	$0.00	1,428	$0.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
7,924		No	4	D	Direct
0	2013-06-15	No	4	M	Direct
6,496		No	4	M	Direct

Footnotes

The sales reported in this Form 4 were effected pursuant to Rule 10b5-1 trading plan adopted by the reporting person on March 6, 2012.
This transaction was executed in multiple trades at prices ranging from $45.10 to $45.20. 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 $45.11 to $45.17. 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.
Due to vesting of Performance-based Market Stock Unit ("MSU") awarded 6/6/2011, shares were withheld for payment of required tax withholding obligaton pursuant to an exempt (under Rule 16b-3(e)) disposition to the Company.
Each performance-based market stock unit (MSU) represents the right to receive, following vesting, up to 150% of one share of BMC common stock. The actual number of shares of BMC common stock acquired upon vesting of the performance-based MSUs can range from 0% to 150% of the number of MSUs awarded and is contingent upon the achievement of pre-established performance metrics, as approved by BMC's Compensation Committee. One half of the performance-based MSUs are subject to vesting two years after the award date, and one half are subject to vesting three years after the award date.
Unless earlier forfeited under the terms of the performance-based MSU award agreement, each performance-based MSU converts into up to 150% of one share of BMC common stock based upon performance vesting. One half of the performance-based MSUs will vest based upon performance over a two year period ending two years after the award date, and one half of the performance-based MSUs will vest based upon performance over a three year period ending three years after the award date.
The stock options shall vest monthly over four years.