SEC Form 4 · accession 0001209191-16-116320
SCIQUEST INC · SQI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy Buckley
Director
Period of report
Apr 27, 2016
Accepted (ET)
Apr 29, 2016 · 8:58 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001082526
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F2 | — | Apr 27, 2016 | A | 8,481 | A | Apr 27, 2017 | — | Common Stock | 8,481 | 24,329 | D |
Explanation of responses
- F1Each Restricted Stock Unit represents a contingent right to receive one share of common stock upon vesting without consideration.
- F2This restricted stock unit vests in its entirety on the first anniversary of the date of grant. Once vested,the shares subject to this restricted stock unit shall be issuable upon the termination of the reporting person's service on the Board of Directors.