Filing Details
- Accession Number:
- 0001179110-11-003757
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-03-01 17:14:45
- Reporting Period:
- 2011-02-25
- Filing Date:
- 2011-03-01
- Accepted Time:
- 2011-03-01 17:14:45
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1111247 | Rightnow Technologies Inc | RNOW | Services-Prepackaged Software (7372) | 810503640 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1018068 | M Gregory Avis | Rightnow Technologies, Inc. 136 Enterprise Blvd. Bozeman MT 59718 | Yes | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2011-02-25 | 15,000 | $16.31 | 15,000 | No | 4 | M | Indirect | See footnote |
| Common Stock | Acquisiton | 2011-02-25 | 15,000 | $15.12 | 30,000 | No | 4 | M | Indirect | See footnote |
| Common Stock | Acquisiton | 2011-02-25 | 15,000 | $14.33 | 45,000 | No | 4 | M | Indirect | See footnote |
| Common Stock | Acquisiton | 2011-02-25 | 15,000 | $8.38 | 60,000 | No | 4 | M | Indirect | See footnote |
| Common Stock | Acquisiton | 2011-02-25 | 15,000 | $9.07 | 75,000 | No | 4 | M | Indirect | See footnote |
| Common Stock | Disposition | 2011-02-25 | 75,000 | $26.89 | 0 | No | 4 | S | Indirect | See footnote |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Indirect | See footnote |
| No | 4 | M | Indirect | See footnote |
| No | 4 | M | Indirect | See footnote |
| No | 4 | M | Indirect | See footnote |
| No | 4 | M | Indirect | See footnote |
| No | 4 | S | Indirect | See footnote |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (right to buy) | Disposition | 2011-02-25 | 15,000 | $0.00 | 15,000 | $16.31 |
| Common Stock | Stock Option (right to buy) | Disposition | 2011-02-25 | 15,000 | $0.00 | 15,000 | $15.12 |
| Common Stock | Stock Option (right to buy) | Disposition | 2011-02-25 | 15,000 | $0.00 | 15,000 | $14.33 |
| Common Stock | Stock Option (right to buy) | Disposition | 2011-02-25 | 15,000 | $0.00 | 15,000 | $8.38 |
| Common Stock | Stock Option (right to buy) | Disposition | 2011-02-25 | 15,000 | $0.00 | 15,000 | $9.07 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2006-05-31 | 2016-05-31 | No | 4 | M | Indirect |
| 0 | 2007-06-07 | 2017-06-07 | No | 4 | M | Indirect |
| 0 | 2008-06-06 | 2018-06-06 | No | 4 | M | Indirect |
| 0 | 2009-05-10 | 2019-02-10 | No | 4 | M | Indirect |
| 0 | 2009-06-03 | 2019-06-03 | No | 4 | M | Indirect |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 17,800 | Direct |
Footnotes
- The options were granted to Mr. Avis as a part of director compensation. Mr. Avis is deemed to hold the options for the benefit of Summit Partners, L.P. Summit Partners, L.P., through a two-person investment committee, has voting and dispositive authority over the shares, and therefore may beneficially own the shares. Mr. Avis is a member of Summit Master Company, LLC, which is the general partner of Summit Partners, L.P. Mr. Avis disclaims beneficial ownership of the shares, and this report shall not be deemed an admission that Mr. Avis is the beneficial owner of the shares for the purposes of Section 16 or for any other purpose, except, in each case, to the extent of Mr. Avis' pecuniary interest therein.
- The option vested and became exercisable as to 100% of the shares on May 31, 2006.
- The option vested and became exercisable as to 100% of the shares on June 7, 2007.
- The option vested and became exercisable as to 100% of the shares on June 6, 2008.
- The option vested and became exercisable in four equal quarterly installments beginning May 10, 2009.
- The option vested and became exercisable as to 100% of the shares on June 3, 2009.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.75 to $27.07, inclusive. The reporting person undertakes to provide to RightNow Technologies, Inc., any security holder of RightNow Technologies, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
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