Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
DMAN > SEC Filings for DMAN > Form 8-K on 28-Oct-2009All Recent SEC Filings

Show all filings for DEMANDTEC, INC. | Request a Trial to NEW EDGAR Online Pro

Form 8-K for DEMANDTEC, INC.


28-Oct-2009

Other Events


Item 8.01. Other Events.
On October 22, 2009 and October 28, 2009, respectively, Daniel R. Fishback, President and Chief Executive Officer of DemandTec, Inc. (the "Company"), and Mark A. Culhane, the Company's Executive Vice President and Chief Financial Officer, each entered into a written stock sales plan in accordance with the guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, and the Company's policies regarding securities transactions. Rule 10b5-1 allows corporate officers and directors to adopt written, pre-arranged stock trading plans when they do not have material, non-public information. Under these plans, insiders can gradually diversify their investment portfolios and can avoid concerns about whether they had material, non-public information when they sold stock. All transactions under the plans will be disclosed publicly through required Form 4 and Form 144 filings with the Securities and Exchange Commission (the "SEC").
Under Mr. Fishback's plan, he will sell up to 416,666 shares of the Company's Common Stock ("Common Stock") currently outstanding or to be issued upon the exercise of outstanding stock options, up to 142,000 shares of Common Stock to be issued upon settlement of outstanding performance-based restricted stock units ("PSUs"), and 60,000 shares of Common Stock to be issued upon settlement of outstanding time-based restricted stock units ("RSUs"), commencing January 21, 2009. The plan is scheduled to terminate in January 2011, unless terminated earlier. The number of shares to be sold under the plan and the timing of such sales will depend on certain factors, including the prevailing market price and trading volume of the Common Stock as well as the number of shares actually issued upon settlement of the PSUs. The sales plan previously entered into by Mr. Fishback on October 29, 2008, as amended on January 30, 2009, will terminate immediately prior to the effectiveness of the new sales plan, unless terminated earlier.
Under Mr. Culhane's plan, he will sell up to 180,000 shares of Common Stock currently outstanding or to be issued upon the exercise of outstanding stock options, up to 35,000 shares of Common Stock to be issued upon settlement of outstanding PSUs, and 50,000 shares of Common Stock to be issued upon settlement of outstanding RSUs, commencing February 1, 2009. The plan is scheduled to terminate in January 2011, unless terminated earlier. The number of shares to be sold under the plan and the timing of such sales will depend on certain factors, including the prevailing market price and trading volume of the Common Stock as well as the number of shares actually issued upon settlement of the PSUs. The sales plan previously entered into by Mr. Culhane on October 29, 2008 will terminate immediately prior to the effectiveness of the new sales plan, unless terminated earlier.


  Add DMAN to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for DMAN - All Recent SEC Filings
Sign Up for a Free Trial to the NEW EDGAR Online Pro
Detailed SEC, Financial, Ownership and Offering Data on over 12,000 U.S. Public Companies.
Actionable and easy-to-use with searching, alerting, downloading and more.
Request a Trial      Sign Up Now


Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.