SEC Form 4 · accession 0001584000-16-000018
CVENT INC · CVT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian Ludwig
Officer — SVP, Sales
Period of report
Mar 16, 2016
Accepted (ET)
Mar 18, 2016 · 9:26 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 | Mar 16, 2016 | F | 2,100 | $20.3852 | D | 165,319 | 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)F2 | $27.84 | holding | — | — | — | — | Dec 31, 2024 | Common Stock | 46,189 | 46,189 | D |
| Employee Stock Option (Right to Buy)F3 | $1.80 | holding | — | — | — | — | Mar 11, 2021 | Common Stock | 119,445 | 119,445 | D |
| Employee Stock Option (Right to Buy)F4 | $32.43 | holding | — | — | — | — | Oct 15, 2025 | Common Stock | 15,973 | 15,973 | 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 December 31, 2014.
- F2One-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.
- F3All of the shares subject to this option are currently 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.