SEC Form 4 · accession 0001209191-18-045694
RED HAT INC · RHT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul J Cormier
Officer — EVP, Products & Technologies
Period of report
Aug 6, 2018
Accepted (ET)
Aug 7, 2018 · 4:46 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 | Aug 6, 2018 | M | 40,392 | $0.00 | A | 215,155 | D | |
| Common Stock | Aug 6, 2018 | F | 17,955 | $142.86 | D | 197,200 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Share UnitsF3 | $0.00 | Aug 6, 2018 | M | 40,392 | D | — | — | Common Stock | 40,392 | 0 | D |
Explanation of responses
- F1Represents shares earned by the reporting person under the Performance Share Unit Agreement between the reporting person and the Company dated August 6, 2014.
- F2Represents shares withheld from the reporting person to satisfy reporting person's tax obligations related to the vesting.
- F3Performance share unit award's vesting is subject to the achievement of a performance objective relating to a significant increase in total shareholder return. Subject to continued service, (i) 50% of the award vests upon achievement of the performance objective and (ii) the remaining 50% vests on August 6, 2018.