SEC Form 4 · accession 0001209191-17-057515
RED HAT INC · RHT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael A Kelly
Officer — Chief Information Officer
Period of report
Oct 17, 2017
Accepted (ET)
Oct 19, 2017 · 6:07 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 | Oct 17, 2017 | M | 4,857 | $0.00 | A | 8,751 | D | |
| Common Stock | Oct 17, 2017 | F | 1,969 | $121.12 | D | 6,782 | D | |
| Common Stock | Oct 18, 2017 | S | 2,888 | $121.03 | D | 3,894 | D |
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 | Oct 17, 2017 | M | 4,857 | D | — | — | Common Stock | 4,857 | 14,573 | D |
Explanation of responses
- F1Represents shares withheld from the reporting person to satisfy reporting person's tax obligations relating to the vesting.
- F2This stock sale was effected pursuant to a Rule 10b5-1 trading plan effective July 12, 2017.
- F3These RSUs vest 25% annually on the anniversary of the vesting start date.
- F4These RSUs are payable in shares of Red Hat common stock, or at the election of Red Hat, in cash.