Filing Details

Accession Number:
0001425763-12-000002
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-02-14 19:18:17
Reporting Period:
2012-02-10
Filing Date:
2012-02-14
Accepted Time:
2012-02-14 19:18:17
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1098277 Websense Inc WBSN Services-Business Services, Nec (7389) 510380839
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1425763 Robert John Mccormack Websense, Inc.
10240 Sorrento Valley Road
San Diego CA 92121
President No Yes 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 Disposition 2012-02-10 5,232 $17.61 72,933 No 4 F Direct
Common Stock Disposition 2012-02-10 9,043 $17.45 63,890 No 4 S Direct
Common Stock Acquisiton 2012-02-10 20,000 $0.00 83,890 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 F Direct
No 4 S Direct
No 4 A Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy) Acquisiton 2012-02-10 120,000 $0.00 120,000 $17.41
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
120,000 2013-02-10 2019-02-10 No 4 M Direct
Footnotes
  1. Of the 14,275 Restricted Stock Units released to Recipient on 2/10/12, 5,232 shares were withheld to cover the Company's tax withholding obligation.
  2. John McCormack has a 10b5-1 selling plan for the period ending December 31, 2012. This reflects the sale of stock per this agreement.
  3. All 83,890 shares reported are Restricted Stock Units, which are subject to time-based vesting.
  4. 25% of the shares subject to the option shall vest one year from the date of grant and the remaining 75% shall vest monthly until the option is fully vested.