SEC Form 4 · accession 0001209191-18-026556
FORESCOUT TECHNOLOGIES, INC · FSCT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael DeCesare
Officer — CEO & President · Director
Period of report
Apr 25, 2018
Accepted (ET)
Apr 27, 2018 · 4:17 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001145057
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 25, 2018 | M | 425,807 | — | A | 638,710 | D | |
| Common StockF1 | Apr 25, 2018 | M | 20,625 | — | A | 659,335 | D | |
| Common StockF2 | Apr 25, 2018 | F | 221,345 | $32.76 | D | 437,990 | D | |
| Common Stock | Apr 25, 2018 | J | 72,387 | $0.00 | D | 365,603 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F4 | — | Apr 25, 2018 | M | 425,807 | D | — | — | Common Stock | 425,807 | 212,900 | D |
| Restricted Stock UnitsF1,F5 | — | Apr 25, 2018 | M | 20,625 | D | — | — | Common Stock | 20,625 | 61,875 | D |
Explanation of responses
- F1Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Issuer common stock.
- F2These shares were withheld by the Issuer in order to cover tax withholding obligations in connection with the vesting of RSUs.
- F3Pursuant to the terms of a marital settlement agreement.
- F4On April 25, 2018, 425,807 RSUs vested and became issuable and the remaining RSUs vest in four equal annual installments beginning on June 1, 2018.
- F5On April 25, 2018, 20,625 RSUs vested and became issuable and the remaining RSUs vest in three equal annual installments beginning on May 15, 2017.