-----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, DsjDKkxqgSxWqY50csehN2voQF8aBFtIvnelSZBwm3EGiYQIjlV+YY8AQzq7XgTY fNaiTIaOIqWYhqvmHY2jxw== 0001181431-06-058239.txt : 20061016 0001181431-06-058239.hdr.sgml : 20061016 20061016201638 ACCESSION NUMBER: 0001181431-06-058239 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20061012 FILED AS OF DATE: 20061016 DATE AS OF CHANGE: 20061016 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: FILENET CORP CENTRAL INDEX KEY: 0000706015 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 953757924 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 3565 HARBOR BLVD CITY: COSTA MESA STATE: CA ZIP: 92626 BUSINESS PHONE: 7149663400 MAIL ADDRESS: STREET 1: 3565 HARBOR BLVD CITY: COSTA MESA STATE: CA ZIP: 926261420 FORMER COMPANY: FORMER CONFORMED NAME: FILEX CORP DATE OF NAME CHANGE: 19830915 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ROBERTS LEE D CENTRAL INDEX KEY: 0001169918 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-15997 FILM NUMBER: 061147361 BUSINESS ADDRESS: STREET 1: 3565 HARBOR BOULEVARD CITY: COSTA MESA STATE: CA ZIP: 92626-1420 BUSINESS PHONE: 7143277673 4 1 rrd133202.xml X0202 4 2006-10-12 1 0000706015 FILENET CORP FILE 0001169918 ROBERTS LEE D 3565 HARBOR BOULEVARD COSTA MESA CA 92626-1420 1 1 0 0 Chairman, Chief Exec Officer Common Stock 2006-10-12 4 D 0 42500 35.00 D 0 D Restricted Stock Units 2006-10-12 4 D 0 270000 0 D Common Stock 270000 0 D Stock Option 23.88 2006-10-12 4 D 0 67500 11.12 D 2008-04-14 Common Stock 67500 0 D Stock Option 23.94 2006-10-12 4 D 0 80000 11.06 D 2010-01-04 Common Stock 80000 0 D Stock Option 23.47 2006-10-12 4 D 0 200000 11.53 D 2011-01-02 Common Stock 200000 0 D Stock Option 18.45 2006-10-12 4 D 0 197564 16.55 D 2011-12-12 Common Stock 197564 0 D Stock Option 26.505 2006-10-12 4 D 0 60000 8.495 D 2013-12-02 Common Stock 60000 0 D Stock Option 26.64 2006-10-12 4 D 0 80000 8.36 D 2014-12-15 Common Stock 80000 0 D Disposed of pursuant to the Merger Agreement under which International Business Machines Corporation ("IBM") acquired Issuer in a transaction in which the shares of the Common Stock of Issuer are cancelled in exchange for $35.00 per share ("Merger Consideration"), includes 42,500 shares of unvested restricted stock. Each Restriced Stock Unit ("RSU") represents a right to receive one share of Issuers common stock. The RSUs were to vest upon Issuer's achievement of targeted financial performance in 2006, 2007 and 2008, subject to partial accelaration upon change of control. Pursuant to the Merger, 75% of reporting persons RSUs, 202,500 RSUs, vested and will be paid the Merger Consideration, a total of $7,087,500.00. The remaining 25% of the RSUs, 67,500 RSUs, were converted into generally comparable IBM RSUs representing 28,614 shares of IBM common stock to be paid out over 2006 - 2008. Vested 25% on April 4 in each of 1999, 2000, 2001 and 2002. All options were cashed out pursuant to the Merger Agreement at the Merger Consideration less the exercise price per share. Vested 25% on January 4, 2001 and 1/36 of the total award vested each month thereafter. Vested 50% on January 2, 2002 and the balance January 2, 2003. Vested 50% on December 12 2003 and the balance December 12, 2004. Vested 25% on December 2, 2004 and 1/36 of the total award vested each month thereafter. The vesting of the balance was accelarated under the Merger Agreement. Vested 25% on December 2, 2005 and 1/36 of the total award vested each month thereafter. The vesting of the balance was accelarated under the Merger Agreement. Sam M. Auriemma, Attorney-in-Fact for Lee D. Roberts 2006-10-16 -----END PRIVACY-ENHANCED MESSAGE-----