-----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, QspXMeQzz6PgHFHfu/AMoiFZsLiKU+8RU2DlK8KpItnJOssTGRHks3gm7VyamuNQ SrCA+V5nDBZpsO+WozU1Ig== 0000914190-04-000393.txt : 20041215 0000914190-04-000393.hdr.sgml : 20041215 20041215150544 ACCESSION NUMBER: 0000914190-04-000393 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20041215 FILED AS OF DATE: 20041215 DATE AS OF CHANGE: 20041215 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: RUSSELL TIMOTHY L CENTRAL INDEX KEY: 0001197978 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-11447 FILM NUMBER: 041204583 BUSINESS ADDRESS: STREET 1: 5353 NATHAN LANE CITY: PLYMOUTH STATE: MN ZIP: 55442 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: DATAKEY INC CENTRAL INDEX KEY: 0000704914 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690] IRS NUMBER: 411291472 STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 407 W TRAVELERS TRAIL CITY: BURNSVILLE STATE: MN ZIP: 55337 BUSINESS PHONE: 6128906850 MAIL ADDRESS: STREET 1: 407 WEST TRAVELERS TRAIL CITY: BURNSVILLE STATE: MN ZIP: 55337 4 1 edgar.xml PRIMARY DOCUMENT X0202 4 2004-12-15 1 0000704914 DATAKEY INC DKEY 0001197978 RUSSELL TIMOTHY L 407 W. TRAVELERS TRAIL BURNSVILLE MN 55337 0 0 0 1 Former President & CEO Stock Option (right to buy) .01 2004-12-15 4 D 0 2771 .64 D 2010-06-30 Common Stock 2771 0 D Stock Option (right to buy) .75 2004-12-15 4 D 0 75000 D 2013-05-04 Common Stock 75000 0 D Stock Option (right to buy) .79 2004-12-15 4 D 0 190000 D 2014-02-22 Common Stock 190000 0 D The option, which was fully exercisable, was cancelled pursuant to a merger agreement by and among the Issuer, SafeNet, Inc. and Snowflake Acquisition Corp. ("Snowflake"), a wholly-owned subsidiary of SafeNet (the "Merger"), in exchange for a cash payment of $1,773.40, representing the difference between the exercise price of the option and the purchase price provided for in the Merger ($0.65). The Option, which provided for vesting in four annual increments of 18,750 shares on May 5, 2003, was assumed by Snowflake and replaced with an option to purchase 1,420 shares of SafeNet common stock for $40.15 per share pursuant to the Merger. The option, which provided for vesting in two annual increments of 95,000 shares beginning on February 23, 2005, was assumed by Snowflake and replaced with an option to purchase 3,596 shares of SafeNet common stock for $41.74 per share pursuant to the Merger. Thomas R. King as Attorney-in-Fact for Timothy L. Russell pursuant to Power of Attorney previously filed. 2004-12-15 -----END PRIVACY-ENHANCED MESSAGE-----