SEC Form 4 · accession 0001122897-16-000050
CVENT INC · CVT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bharet Malhotra
Officer — SVP, Sales
Period of report
Sep 15, 2016
Accepted (ET)
Sep 16, 2016 · 8:36 pm EDT
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 | Sep 15, 2016 | F | 1,079 | $31.95 | D | 121,687 | D | |
| Common StockF2 | holding | — | — | — | 25,000 | I | Bharet Malhotra Irrevocable Trust (2013) |
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)F3 | $1.80 | holding | — | — | — | — | Mar 11, 2021 | Common Stock | 162,500 | 162,500 | 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 | $27.84 | holding | — | — | — | — | Dec 31, 2024 | Common Stock | 46,189 | 46,189 | D |
| Employee Stock Option (Right to Buy)F6 | $21.73 | holding | — | — | — | — | Apr 6, 2026 | Common Stock | 48,433 | 48,433 | D |
Explanation of responses
- F1The reporting person sold the shares reported on this Form 4 in a "sell to cover" transaction to satisfy tax obligations associated with the vesting of a tranche of restricted stock units originally granted on October 15, 2015.
- F2The reporting person disclaims beneficial ownership of the shares held by the irrevocable trust, and this report should not be deemed an admission that the reporting person is the beneficial owner of the trust's shares for purposes of Section 16 or for any other purpose.
- F3All the shares subject to this option are presently exercisable.
- F4The shares subject to this option will become exercisable upon the following schedule: 50% will become exercisable on September 15, 2016 and 50% will become exercisable on September 15, 2017.
- F5One-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 of 2017, 2018 and 2019.
- F6The shares subject to this option will become exercisable in four equal installments beginning on March 1, 2017.