SEC Form 4 · accession 0001583828-16-000023
CVENT INC · CVT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles V. Ghoorah
Officer — President of Sales & Marketing
Period of report
Feb 22, 2016
Accepted (ET)
Feb 24, 2016 · 5:53 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 | Feb 22, 2016 | S | 4,000 | $20.3262 | D | 909,375 | I | Charles Vijendra Ghoorah Revocable Trust (2013) |
| Common Stock | holding | — | — | — | 46,713 | D | ||
| Common StockF2 | holding | — | — | — | 127,500 | I | Charles V. Ghoorah 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 | 173,371 | 173,371 | D |
| Employee Stock Option (Right to Buy)F4 | $27.84 | holding | — | — | — | — | Dec 31, 2024 | Common Stock | 76,982 | 76,982 | D |
| Employee Stock Option (Right to Buy)F5 | $32.43 | holding | — | — | — | — | Oct 15, 2025 | Common Stock | 26,622 | 26,622 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Charles Vijendra Ghoorah Revocable Trust (2013) on June 11, 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 of the shares subject to this option are presently exercisable.
- F4The shares subject to this option will become exercisable in four equal annual installments beginning on March 15, 2016.
- F5The 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.