SEC Form 4
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*
Gianforte Greg R

(Last) (First) (Middle)
RIGHTNOW TECHNOLOGIES, INC.
136 ENTERPRISE BLVD.

(Street)
BOZEMAN MT 59718

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
RIGHTNOW TECHNOLOGIES INC [ RNOW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) X Other (specify below)
Chairman, CEO and President Co-Trustee
3. Date of Earliest Transaction (Month/Day/Year)
12/31/2009
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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 1,033,686(1) I by the Gianforte Charitable Remainder Unitrust #2
Common Stock 444,976(2) I by the Gianforte Charitable Remainder Unitrust #1
Common Stock 513,311 I by the Second E. Gallatin River Trust of Greg R. Gianforte
Common Stock 2,386,357(3) I by trust(4)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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
Employee Stock Option (right to buy) $14.91 02/08/2010 A 145,000 08/08/2010(5) 02/08/2020 Common Stock 145,000 $0 145,000 D
1. Name and Address of Reporting Person*
Gianforte Greg R

(Last) (First) (Middle)
RIGHTNOW TECHNOLOGIES, INC.
136 ENTERPRISE BLVD.

(Street)
BOZEMAN MT 59718

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
X Officer (give title below) X Other (specify below)
Chairman, CEO and President Co-Trustee
1. Name and Address of Reporting Person*
Gianforte Susan

(Last) (First) (Middle)
136 ENTERPRISE BLVD.

(Street)
BOZEMAN MT 59718

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director 10% Owner
Officer (give title below) X Other (specify below)
Co-Trustee and Spouse of CEO
Explanation of Responses:
1. Excludes 9,716 shares previously reported as beneficially owned indirectly by the charitable remainder unitrust which were automatically distributed to the Greg Gianforte Revocable Inter Vivos Trust dated May 23, 2005 and Susan Gianforte Revocable Inter Vivos Trust dated May 23, 2005, Tenants in Common, in satisfaction of the automatic annuity distribution obligation of the charitable remainder unitrust.
2. Excludes 2,560 shares previously reported as beneficially owned indirectly by the charitable remainder unitrust which were automatically distributed to the Greg Gianforte Revocable Inter Vivos Trust dated May 23, 2005 and Susan Gianforte Revocable Inter Vivos Trust dated May 23, 2005, Tenants in Common, in satisfaction of the automatic annuity distribution obligation of the charitable remainder unitrust.
3. Includes 2,560 shares previously reported as beneficially owned indirectly by the Gianforte Charitable Remainder Unitrust #1 and 9,716 shares previously reported as beneficially owned indirectly by the Gianforte Charitable Remainder Unitrust #2, which were automatically distributed to the Greg Gianforte Revocable Inter Vivos Trust dated May 23, 2005 and Susan Gianforte Revocable Inter Vivos Trust dated May 23, 2005, Tenants in Common, in satisfaction of the automatic annuity distribution obligation of the charitable remainder unitrusts.
4. By the Greg Gianforte Revocable Inter Vivos Trust dated May 23, 2005 and Susan Gianforte Revocable Inter Vivos Trust dated May 23, 2005, tenants in common. Mr. Gianforte and his spouse, Susan Gianforte, are co-trustees of the trusts.
5. The option vests and becomes exercisable in eight equal semi-annual installments beginning August 8, 2010.
/s/ James M. Quinlivan, Attorney in Fact for: Greg R. Gianforte 02/10/2010
/s/ James M. Quinlivan, Attorney in Fact for: Susan Gianforte 02/10/2010
** 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).
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