SEC Form 4 · accession 0001209191-18-034844
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
Jun 1, 2018
Accepted (ET)
Jun 1, 2018 · 6:30 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,F2 | Jun 1, 2018 | M | 53,225 | — | A | 446,691 | D | |
| Common StockF3 | Jun 1, 2018 | F | 26,389 | $30.05 | D | 420,302 | 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 | — | Jun 1, 2018 | M | 53,225 | D | — | — | Common Stock | 53,225 | 159,675 | D |
Explanation of responses
- F1Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Issuer common stock.
- F2Includes shares acquired by the Reporting Person on May 18, 2018 pursuant to the Issuer's Employee Stock Purchase Plan.
- F3These shares were withheld by the Issuer in order to cover tax withholding obligations in connection with the vesting of RSUs.
- F4This is the second of five vesting installments. The remaining RSUs will vest in three equal annual installments on June 1 in 2019, 2020 and 2021.