SEC Form 4 · accession 0001209191-15-047548
RED HAT INC · RHT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James M Whitehurst
Officer — CEO & President · Director
Period of report
May 26, 2015
Accepted (ET)
May 28, 2015 · 4:43 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001087423
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 26, 2015 | A | 36,098 | $0.00 | A | 400,067 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents a service-based restricted stock award vesting over four years that is subject to the achievement of a financial performance objective. If the performance objective is not achieved, the entire award is forfeited. If the performance objective is achieved, the award vests, subject to continued service, (i) 25% on July 16, 2016 and (ii) 6.25% on a quarterly basis over the subsequent three-year period.