SEC Form 4/A · accession 0001242648-16-000071
SANDISK CORP · SNDK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Sanjay Mehrotra
Officer — President/CEO · Director
Period of report
Feb 15, 2016
Accepted (ET)
Feb 24, 2016 · 7:55 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,F2 | Feb 15, 2016 | M | 15,625 | — | A | 15,625 | D | |
| Common StockF3,F4 | Feb 15, 2016 | F | 5,716 | $67.49 | D | 0 | D | |
| Common StockF5,F6 | holding | — | — | — | 9,909 | I | By Trust | |
| Common StockF7 | holding | — | — | — | 80,406 | I | By GRAT |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2,F8 | $0.00 | Feb 15, 2016 | M | 15,625 | D | — | — | Common Stock | 15,625 | 15,625 | 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
- F2Each restricted stock unit represents the right to receive one share of the Issuer's common stock upon the vesting of that unit.
- F3Reflects 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.
- F4Excludes 9,909 shares initially owned directly by the Reporting Person which were contributed to the Mehrotra Family Trust on February 15, 2016.
- F5Excludes 80,406 shares previously held by the Mehrotra Family Trust which were contributed to the Sanjay Mehrotra 2016 Grantor Retained Annuity Trust on January 28, 2016.
- F6These shares are held by the Mehrotra Family Trust.
- F7These shares are held by the Sanjay Mehrotra 2016 Grantor Retained Annuity Trust.
- F8The award shall vest in four successive equal annual installments measured from the vesting commencement date.
Remarks
This amended Form 4 is being filed to correct the prices at which the Reporting Person acquired and disposed of shares of common stock upon the vesting of restricted stock units as reported in Table I and to correct the expiration date of the restricted stock units reported in Table II. No other changes have been made to the information in the original Form 4.