SEC Form 4 · accession 0000899243-16-034407
CVENT INC · CVT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bharet Malhotra
Officer — SVP, Sales
Period of report
Nov 22, 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 Stock | Nov 22, 2016 | M | 114,000 | $1.80 | A | 235,687 | D | |
| Common StockF1 | holding | — | — | — | 25,000 | I | See Footnote |
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)F2 | $1.80 | Nov 22, 2016 | M | 114,000 | D | — | Mar 11, 2021 | Common Stock | 48,500 | 48,500 | D |
| Employee Stock Option (Right to Buy)F3 | $27.84 | holding | — | — | — | — | Dec 31, 2024 | Common Stock | 46,189 | 46,189 | D |
| Employee Stock Option (Right to Buy)F4 | $32.43 | holding | — | — | — | — | Oct 15, 2025 | Common Stock | 15,973 | 15,973 | D |
| Employee Stock Option (Right to Buy)F5 | $21.73 | holding | — | — | — | — | Apr 6, 2026 | Common Stock | 48,433 | 48,433 | D |
Explanation of responses
- F1The shares are held directly by Bharet Malhotra Irrevocable Trust (2013), for which the Reporting Person serves as trustee. The Reporting Person disclaims beneficial ownership of the shares held by said Trust, and this report should not be deemed an admission that the Reporting Person is the beneficial owner of said Trust's shares for purposes of Section 16 or for any other purpose.
- F2All of the shares subject to this option are currently exercisable.
- F3One-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.
- F4One-half of the shares subject to this option are currently exercisable. The remaining shares will become exercisable on September 15, 2017.
- F5The shares subject to this option will vest in four equal installments beginning on March 1, 2017.