SEC Form 4 · accession 0001584000-16-000038
CVENT INC · CVT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bharet Malhotra
Officer — SVP, Sales
Period of report
Apr 6, 2016
Accepted (ET)
Apr 8, 2016 · 7:49 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 | Apr 6, 2016 | A | 20,709 | $0.00 | A | 122,766 | 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)F4 | $21.73 | Apr 6, 2016 | A | 48,433 | A | — | Apr 6, 2026 | Common Stock | 48,433 | 48,433 | D |
| Employee Stock Option (Right to Buy)F5 | $32.43 | holding | — | — | — | — | Oct 15, 2025 | Common Stock | 15,973 | 15,973 | D |
| Employee Stock Option (Right to Buy)F6 | $27.84 | holding | — | — | — | — | Dec 31, 2024 | Common Stock | 46,189 | 46,189 | D |
| Employee Stock Option (Right to Buy)F7 | $1.80 | holding | — | — | — | — | Mar 11, 2021 | Common Stock | 162,500 | 162,500 | D |
Explanation of responses
- F1On April 6, 2016, the reporting person received a grant of restricted stock units pursuant to the Company's 2013 Equity Incentive Plan. The restricted stock units will vest in four equal installments beginning on March 1, 2017.
- 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.
- F3On April 6, 2016, the reporting person received an employee stock option grant pursuant to the Company's 2013 Equity Incentive Plan.
- F4The shares subject to this option will become exercisable in four equal installments beginning on March 1, 2017.
- 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.
- F6One-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.
- F7All the shares subject to this option are presently exercisable.