SEC Form 4 · accession 0001242648-15-000036
SANDISK CORP · SNDK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Yehoshua Nir
Officer — SVP, Corp Mktg & GM Retail BU
Period of report
Oct 14, 2015
Accepted (ET)
Oct 15, 2015 · 8:26 pm EDT
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 Stock | Oct 14, 2015 | M | 1,968 | $51.71 | A | 5,730 | D | |
| Common Stock | Oct 14, 2015 | S | 1,968 | $68.60 | D | 3,762 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionF2 | $51.71 | Oct 14, 2015 | M | 1,968 | D | — | Feb 14, 2020 | Common Stock | 1,968 | 11,815 | D |
Explanation of responses
- F1The transaction was effected by the reporting person pursuant to a Rule 10b-5(1) sales plan adopted on 11/21/14.
- F2Option Grant shall become exercisable with respect to 25% of the option shares on the first anniversary of the vesting commencement date and the balance in equal quarterly installments over the next three years thereafter.