Sec Form 4 Filing - Torrey John T. @ CONCUR TECHNOLOGIES INC - 2014-12-04

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Torrey John T.
2. Issuer Name and Ticker or Trading Symbol
CONCUR TECHNOLOGIES INC [ CNQR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
EVP Corporate Strategy
(Last) (First) (Middle)
601 108TH AVENUE NE, SUITE 1000
3. Date of Earliest Transaction (MM/DD/YY)
12/04/2014
(Street)
BELLEVUE, WA98004
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 12/04/2014 D( 1 ) 17,524 ( 2 ) D $ 129 0 D
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
Restricted Stock Units $ 0 12/04/2014 D( 1 ) 18,000 01/15/2013( 4 )( 3 ) ( 3 ) Common Stock 18,000 $ 129 ( 3 ) 0 D
Restricted Stock Units $ 0 12/04/2014 D( 1 ) 8,000 07/15/2012( 5 )( 3 ) ( 3 ) Common Stock 8,000 $ 129 ( 3 ) 0 D
Restricted Stock Units $ 0 12/04/2014 D( 1 ) 21,377 01/15/2014( 6 )( 3 ) ( 3 ) Common Stock 21,377 $ 129 ( 3 ) 0 D
Restricted Stock Units $ 0 12/04/2014 D( 1 ) 20,509 01/15/2015( 7 )( 3 ) ( 3 ) Common Stock 20,509 $ 129 ( 3 ) 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Torrey John T.
601 108TH AVENUE NE
SUITE 1000
BELLEVUE, WA98004
EVP Corporate Strategy
Signatures
/s/ John T. Torrey 12/05/2014
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Disposed of pursuant to the merger ("Merger") of the Issuer with and into a wholly owned subsidiary of SAP America, Inc.
( 2 )Includes 31 shares acquired under the 2008 Employee Stock Purchase Plan. 18 shares were acquired on July 31, 2014 and 13 shares were acquired on October 31, 2014.
( 3 )In connection with the Merger, the restricted stock units became fully vested and were cancelled in exchange for the right to receive in cash $129.00 per unit.
( 4 )The restricted stock units will vest 25% upon January 15, 2013 and 25% on the first, second and third anniversary of such date.
( 5 )The restricted stock units will vest 25% upon July 15, 2012 and 25% on the first, second and third anniversary of such date.
( 6 )The restricted stock units will vest 25% upon January 15, 2014 and 25% on the first, second and third anniversary of such date.
( 7 )The restricted stock units will vest 25% upon January 15, 2015 and 25% on the first, second and third anniversary of such 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).
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