Salary.com Prices IPO

Salary.com Inc., a Waltham, Mass.-based provider of on-demand compensation management solutions, priced 5.7 million common shares at $10.50 per share ($8-$10 range), for an IPO take of approximately $59.85 million. Its share price rose as much as 33% in its first day of trading, before settling back down to close at $12.56 per share. It is trading on the Nasdaq under ticker symbol SLRY, while Thomas Weisel Partners and William Blair & Co. served as co-lead underwriters. It raised around $4 million in VC funding from groups like Lyric Capital in 2000 and 2001. www.salary.com