SEC Form 4 · accession 0001209191-18-059073
FORESCOUT TECHNOLOGIES, INC · FSCT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James A Beer
Director
Period of report
Nov 15, 2018
Accepted (ET)
Nov 16, 2018 · 9:10 pm EST
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 | Nov 15, 2018 | M | 25,000 | — | A | 36,830 | D | |
| Common StockF3 | Nov 15, 2018 | S | 8,600 | $25.549 | D | 28,230 | D | |
| Common StockF4 | Nov 15, 2018 | S | 4,570 | $26.145 | D | 23,660 | 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,F5 | — | Nov 15, 2018 | M | 25,000 | D | — | — | Common Stock | 25,000 | 50,000 | D |
Explanation of responses
- F1Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Issuer common stock.
- F2The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- F3This sale price represents the weighted average sale price of the shares sold ranging from $25.06 to $26.03 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- F4This sale price represents the weighted average sale price of the shares sold ranging from $26.07 to $26.23 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- F5On April 25, 2018, 25,000 RSUs vested and became issuable and the remaining RSUs vest in three equal annual installments beginning on November 15, 2018.