SEC Form 4 · accession 0000899243-16-034406
CVENT INC · CVT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dwayne J. Sye
Officer — Chief Information Officer
Period of report
Oct 25, 2016
Accepted (ET)
Nov 25, 2016 · 5:08 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001122897
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Oct 25, 2016 | G | 88,250 | $0.00 | D | 144,291 | I | See Footnote |
| Common StockF3,F2 | Oct 25, 2016 | G | 72,145 | $0.00 | D | 72,146 | I | See Footnote |
| Common StockF4,F2 | Oct 25, 2016 | G | 36,073 | $0.00 | D | 36,073 | I | See Footnote |
| Common StockF5,F2 | Oct 25, 2016 | G | 36,073 | $0.00 | D | 0 | I | See Footnote |
| Common StockF1 | Oct 25, 2016 | G | 88,250 | $0.00 | A | 487,097 | D | |
| Common Stock | Nov 22, 2016 | M | 85,606 | $1.80 | A | 572,703 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F6 | $1.80 | Nov 22, 2016 | M | 85,606 | D | — | Mar 11, 2021 | Common Stock | 30,053 | 30,053 | D |
| Employee Stock Option (Right to Buy)F7 | $27.84 | holding | — | — | — | — | Dec 31, 2024 | Common Stock | 46,189 | 46,189 | D |
| Employee Stock Option (Right to Buy)F8 | $32.43 | holding | — | — | — | — | Oct 15, 2025 | Common Stock | 15,973 | 15,973 | D |
| Employee Stock Option (Right to Buy)F10,F9 | $21.73 | holding | — | — | — | — | Apr 6, 2026 | Common Stock | 26,907 | 26,907 | D |
Explanation of responses
- F1These shares were transferred via a bona fide gift transaction by the Dwayne Jerry Sye Grantor Retained Annuity Trust (2013) to the Reporting Person, for which the Dwayne Jerry Sye Grantor Retained Annuity Trust (2013) did not receive any value or consideration.
- F10Due to a clerical error, the original Form 4 dated April 6, 2016 overstated the number of derivative securities beneficially owned following the reported transaction by 26,907. This Form 4 corrects the clerical error.
- F2The shares are held directly by Dwayne Jerry Sye Grantor Retained Annuity Trust (2013), for which the Reporting Person serves as trustee.
- F3These shares were transferred via a bona fide gift transaction by the Dwayne Jerry Sye Grantor Retained Annuity Trust (2013) to Tait Sye, for which the Dwayne Jerry Sye Grantor Retained Annuity Trust (2013) did not receive any value or consideration.
- F4These shares were transferred via a bona fide gift transaction by the Dwayne Jerry Sye Grantor Retained Annuity Trust (2013) to Moozen Sye, for which the Dwayne Jerry Sye Grantor Retained Annuity Trust (2013) did not receive any value or consideration.
- F5These shares were transferred via a bona fide gift transaction by the Dwayne Jerry Sye Grantor Retained Annuity Trust (2013) to Yea Yuan Sye, for which the Dwayne Jerry Sye Grantor Retained Annuity Trust (2013) did not receive any value or consideration.
- F6All of the shares subject to this option are currently exercisable.
- F7One-quarter of the shares subject to this option are currently exercisable. The remaining shares will become exercisable in three equal annual installments on March 15 in each if 2017, 2018 and 2019.
- F8One-half of the shares subject to this option are currently exercisable. The remaining shares will become exercisable on September 15, 2017.
- F9The shares subject to this option will vest in four equal installments beginning on March 1, 2017.