SEC Form 4 · accession 0001242648-15-000006
SANDISK CORP · SNDK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sanjay Mehrotra
Officer — President/CEO · Director
Period of report
Feb 15, 2015
Accepted (ET)
Feb 18, 2015 · 9:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001000180
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 15, 2015 | M | 15,625 | $82.81 | A | 73,164 | I | By Trust |
| Common StockF2 | Feb 15, 2015 | F | 8,017 | $82.81 | D | 65,147 | I | By Trust |
| Common StockF1 | Feb 17, 2015 | M | 12,500 | $82.20 | A | 77,647 | I | By Trust |
| Common StockF2 | Feb 17, 2015 | F | 6,413 | $82.20 | D | 71,234 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| restricted stock unitF3,F4 | $0.00 | Feb 15, 2015 | M | 15,625 | D | — | Feb 14, 2020 | Common Stock | 15,625 | 31,250 | D |
| restricted stock unitF3,F4 | $0.00 | Feb 17, 2015 | M | 12,500 | D | — | Feb 16, 2019 | Common Stock | 12,500 | 12,500 | D |
Explanation of responses
- F1Reflects the number of shares of Common Stock acquired in connection with the vesting of restricted stock units granted to the Reporting Person by the Issuer.
- F2Reflects the number of shares of Common Stock withheld by the Issuer to pay the tax liability of the Reporting Person resulting in a net issuance of the Issuer's Common Stock.
- F3Each restricted stock unit represents the right to receive one share of SanDisk Common Stock.
- F4The award shall vest in four successive equal annual installments measured from the vesting commencement date.