SEC Form 4 · accession 0001209191-19-011366
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
Feb 15, 2019
Accepted (ET)
Feb 19, 2019 · 8:08 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 | Feb 15, 2019 | M | 40,415 | — | A | 363,530 | D | |
| Common StockF1 | Feb 15, 2019 | M | 16,166 | — | A | 379,696 | D | |
| Common StockF2 | Feb 15, 2019 | F | 24,219 | $38.05 | D | 355,477 | D | |
| Common StockF3 | Feb 15, 2019 | A | 100,518 | $0.00 | A | 455,995 | 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 | — | Feb 15, 2019 | M | 40,415 | D | — | — | Common Stock | 40,415 | 121,245 | D |
| Restricted Stock UnitsF1,F5 | — | Feb 15, 2019 | M | 16,166 | D | — | — | Common Stock | 16,166 | 16,166 | D |
Explanation of responses
- F1Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- F2These shares were withheld by the Issuer in order to cover tax withholding obligations in connection with the vesting of RSUs.
- F3Each share is represented by a Restricted Stock Unit ("RSU"). The RSUs will vest in four equal annual installments beginning on February 15, 2020.
- F4The RSUs vest in four equal annual installments beginning on February 15, 2019.
- F5The RSUs vest in two equal annual installments beginning on February 15, 2019.