FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
I2 TECHNOLOGIES INC [ ITWO ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 01/28/2010 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 01/28/2010 | D | 42,826 | D | $0(1) | 29,259 | D | |||
Common Stock(2) | 01/28/2010 | D | 29,259 | D | $0(1) | 0 | D |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Options (Right to Buy) | $7.54 | 01/28/2010 | D | 26,500 | 05/17/2005 | 05/16/2015 | Common Stock | 26,500 | $0(3) | 0 | D | ||||
Stock Options (Right to Buy) | $12.33 | 01/28/2010 | D | 22,060 | 02/19/2008 | 02/18/2018 | Common Stock | 22,060 | $0(4) | 0 | D | ||||
Stock Options (Right to Buy) | $15.87 | 01/28/2010 | D | 15,000 | 02/19/2006 | 02/19/2016 | Common Stock | 15,000 | $0(5) | 0 | D | ||||
Stock Options (Right to Buy) | $16.75 | 01/28/2010 | D | 4,399 | 12/20/2004 | 12/19/2014 | Common Stock | 4,399 | $0(6) | 0 | D | ||||
Stock Options (Right to Buy) | $22.5 | 01/28/2010 | D | 7,999 | 10/15/2007 | 08/29/2012 | Common Stock | 7,999 | $0(7) | 0 | D | ||||
Stock Options (Right to Buy) | $24 | 01/28/2010 | D | 5,198 | 06/21/2004 | 06/20/2014 | Common Stock | 5,198 | $0(7) | 0 | D | ||||
Stock Options (Right to Buy) | $25.7 | 01/28/2010 | D | 10,000 | 02/19/2007 | 02/18/2017 | Common Stock | 10,000 | $0(7) | 0 | D | ||||
Restricted Stock Units | $0 | 01/28/2010 | D | 10,000 | 12/31/2011 | 05/19/2012 | Common Stock | 10,000 | $0(8) | 0 | D |
Explanation of Responses: |
1. On November 4, 2009, i2 Technologies, Inc. (i2) and JDA Software Group, Inc. (JDA) entered into a merger agreement which provided for a merger in which i2 would become a wholly-owned subsidiary of JDA. The Merger became effective on January 28, 2010. At the effective time of the Merger, each outstanding share of i2 common stock converted into the right to receive (i) $12.70 in cash and (ii) 0.2562 shares of JDA common stock (together, the "Merger Consideration"). The closing sales price of JDA common stock on the NASDAQ on the closing date was $27.68. Accordingly, the value of the Merger Consideration on the Closing Date for each share of i2 common stock was $19.79 ($12.70 + 7.09 = $ 19.79). |
2. These shares represent former shares of performance-based restricted stock units that, pursuant to the terms of the restricted stock unit agreements and the Merger Agreement, vested immediately prior to the effective time of the Merger. |
3. Pursuant to the Merger Agreement, this option, which had fully vested prior to the Closing Date, was cancelled in exchange for a cash payment of $ 208,324.28 and 4,203 shares of JDA common stock, representing the difference between the value of the Merger Consideration on the Closing Date and the exercise price of the option multiplied by the number of shares subject to this option. |
4. Pursuant to the Merger Agreement, this option, which had fully vested prior to the Closing Date, was cancelled in exchange for a cash payment of $ 105,609.32 and 2,130 shares of JDA common stock, representing the difference between the value of the Merger Consideration on the Closing Date and the exercise price of the option multiplied by the number of shares subject to this option. |
5. Pursuant to the Merger Agreement, this option, which had fully vested prior to the Closing Date, was cancelled in exchange for a cash payment of $ 37,734.21 and 761 shares of JDA common stock, representing the difference between the value of the Merger Consideration on the Closing Date and the exercise price of the option multiplied by the number of shares subject to this option. |
6. Pursuant to the Merger Agreement, this option, which had fully vested prior to the Closing Date, was cancelled in exchange for a cash payment of $ 8,581.94 and 173 shares of JDA common stock, representing the difference between the value of the Merger Consideration on the Closing Date and the exercise price of the option multiplied by the number of shares subject to this option. |
7. Pursuant to the Merger Agreement, this option, which had fully vested prior to the Closing Date, was cancelled. |
8. The restricted stock unit, which provided for vesting in two equal annual installments beginning December 31, 2011, was cancelled in the merger in exchange for a cash payment of $127,000.00 and 2,562 shares of JDA common stock, for a total value of $197,900.00, representing the Merger Consideration. |
Robin Gunter, Attorney-in-Fact | 02/01/2010 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |