SEC Form 4 · accession 0001209191-15-001490
CVENT INC · CVT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rajeev K. Aggarwal
Officer — Chief Executive Officer · Director
Period of report
Dec 31, 2014
Accepted (ET)
Jan 5, 2015 · 6:55 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 | Dec 31, 2014 | A | 70,043 | $0.00 | A | 1,796,335 | D | |
| Common StockF2 | holding | — | — | — | 1,135,571 | I | Reggie and Dharini Aggarwal Irrevocable Trust (2011) | |
| Common Stock | holding | — | — | — | 1,331,975 | I | Reggie Aggarwal Grantor Retained Annuity Trust (2011) | |
| Common StockF3 | holding | — | — | — | 106,062 | 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)F5 | $27.84 | Dec 31, 2014 | A | 150,115 | A | — | Dec 31, 2024 | Common Stock | 150,115 | 150,115 | D |
Explanation of responses
- F1On December 31, 2014, the reporting person was granted restricted stock units worth US $1,950,000.00. Each restricted stock unit represents a contingent right to receive one share of Cvent Common Stock. The restricted stock units will vest in four equal annual installments beginning on March 15, 2016.
- 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.
- F3These shares were issued pursuant to an Employee Stock Option Agreement that was exercised pursuant to an early exercise provision in June 2012. The Company has a right of repurchase with respect to these shares, which lapses on February 1, 2015.
- F4On December 31, 2014, the reporting person was granted employee stock options representing a contingent right to purchase 150,115 shares of Cvent Common Stock.
- F5The shares subject to this option will become exercisable in four equal annual installments beginning on March 15, 2016.
Remarks
Chief Executive Officer