SEC Form 4 · accession 0001209191-18-055584
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 16, 2018
Accepted (ET)
Oct 18, 2018 · 5:31 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 16, 2018 | F | 85 | $125.60 | D | 5,244 | D | |
| Common Stock | Oct 17, 2018 | S | 158 | $125.03 | D | 5,086 | D | |
| Common Stock | Oct 17, 2018 | M | 4,858 | $124.84 | A | 9,944 | D | |
| Common Stock | Oct 17, 2018 | F | 1,953 | $124.84 | D | 7,991 | 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, 2018 | M | 4,858 | D | — | — | Common Stock | 4,858 | 9,715 | D |
Explanation of responses
- F1Represents shares withheld from the reporting person to satisfy reporting person's tax obligations related to vesting of equity award(s).
- 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.