-----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, IZnX+KFncGAuP3MktECQ2dgKg5xw/VWDsAmwjTIcUJ58fA4wq42Bxy5N4aFTD2yn ZrBzlfzD05kLhpmq/iJ0TQ== 0001088033-04-000082.txt : 20041214 0001088033-04-000082.hdr.sgml : 20041214 20041214160454 ACCESSION NUMBER: 0001088033-04-000082 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20041210 FILED AS OF DATE: 20041214 DATE AS OF CHANGE: 20041214 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SMITH VINCENT C CENTRAL INDEX KEY: 0001106662 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-26937 FILM NUMBER: 041201639 BUSINESS ADDRESS: BUSINESS PHONE: 9497548000 MAIL ADDRESS: STREET 1: 8001 IRVINE CENTER DRIVE CITY: IRVINE STATE: CA ZIP: 92618 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: QUEST SOFTWARE INC CENTRAL INDEX KEY: 0001088033 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 330231678 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 8001 IRVINE CENTER DRIVE CITY: IRVINE STATE: CA ZIP: 92618 BUSINESS PHONE: 9497548000 MAIL ADDRESS: STREET 1: 8001 IRVINE CENTER DRIVE CITY: IRVINE STATE: CA ZIP: 92618 4 1 edgar.xml PRIMARY DOCUMENT X0202 4 2004-12-10 0001088033 QUEST SOFTWARE INC QSFT 0001106662 SMITH VINCENT C C/O QUEST SOFTWARE, INC. 8001 IRVINE CENTER DRIVE IRVINE CA 92618 1 1 1 0 Chairman of the Board and CEO Forward Contract (obligation to sell) 2004-12-10 4 J 0 1 A Common Stock 250000 1 D Forward Contract (obligation to sell) 2004-12-10 4 J 0 1 A Common Stock 200000 1 D Forward Contract (obligation to sell) 2004-12-10 4 J 0 1 A Common Stock 250000 1 D On December 10, 2004, Vincent Smith confirmed three Forward Purchase Contract (the "Forward Contract") confirmations with Deutsche Bank AG ("Deutsche Bank"), pursuant to which Deutsche Bank agreed to purchase from Mr. Smith up to 700,000 shares of Common Stock of Quest Software, Inc. (the "Shares"). The actual number of Shares purchased by Deutsche Bank will depend upon the price of the Shares for each Settlement Date (as defined below) (the "Settlement Value") and the application of a formula to that Settlement Value. The Forward Contract confirmations will be settled on the following dates: (i) 250,000 shares on November 27, 2006, (ii) 200,000 shares on December 11, 2006 and (iii) 250,000 shares on December 26, 2006 (each date, respectively, is a "Settlement Date", and each quantity of shares, respectively, is a "Contract Amount"). Each Forward Contract confirmation specifies a "Threshold Price" of $22.2891 per share and a "Floor Price" of $14.8594 per share. On each Settlement Date, Mr. Smith, unless he has elected cash settlement as described in footnote 3, will deliver shares of Common Stock to Deutsche Bank as follows: (i) if the Settlement Value for such Settlement Date is less than or equal to the Floor Price, Mr. Smith will deliver the applicable Contract Amount; (ii) if the Settlement Value is greater than the Floor Price but less than or equal to the Threshold Price, Mr. Smith will deliver a number of shares equal to the product of the applicable Contract Amount and a fraction whose numerator is the Floor Price and whose denominator is the Settlement Value; and (iii) if the Settlement Value is greater than the Threshold Price, Mr. Smith will deliver a number of shares equal to the product of the applicable Contract Amount and a fraction whose numerator is the Floor Price plus the result of the Settlement Value minus the Threshold Price and whose denominator is the Settlement Value. In lieu of delivering shares, Mr. Smith may elect cash settlement. Pursuant to the Forward Contract confirmations, Mr. Smith will receive $8,425,279.80 from Deutsche Bank representing the purchase price of the shares subject to the Forward Contract confirmations before expenses and fees. J. Michael Vaughn, Attorney-in-Fact for Vincent C. Smith 2004-12-14 -----END PRIVACY-ENHANCED MESSAGE-----