SEC Form 4 · accession 0001171843-15-003777
YODLEE INC · YDLE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anil Arora
Officer — President and CEO · Director
Period of report
Jul 8, 2015
Accepted (ET)
Jul 10, 2015 · 7:56 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001161315
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jul 8, 2015 | M | 3,125 | $0.00 | A | 269,313 | D | |
| Common Stock | Jul 8, 2015 | F | 1,147 | $13.74 | D | 268,166 | D | |
| Common StockF2 | Jul 8, 2015 | S | 1,978 | $13.6207 | D | 266,188 | D | |
| Common Stock | Jul 10, 2015 | M | 21,302 | $3.30 | A | 287,490 | D | |
| Common StockF3 | holding | — | — | — | 725 | I | By Trust for child #1 | |
| Common StockF3 | holding | — | — | — | 725 | I | By Trust for child #2 |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF4,F5 | $0.001 | Jul 8, 2015 | M | 3,125 | D | — | — | Common Stock | 3,125 | 21,875 | D |
| Stock Option (Right to Buy) | $3.30 | Jul 10, 2015 | M | 21,302 | D | Nov 1, 2005 | Oct 1, 2015 | Common Stock | 21,302 | 83,336 | D |
Explanation of responses
- F1The sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 12, 2014.
- F2The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.56 to $13.71, inclusive. The reporting person undertakes to provide Yodlee, Inc. any security holder of Yodlee, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3These shares are held in a trust for the benefit of a child of the reporting person for which the reporting person serves as trustee. The reporting person shares voting and investment control over the shares but disclaims beneficial ownership of the shares.
- F4Represents par value of Issuer's Common Stock.
- F56.25% of the restricted stock unit granted on April 9, 2013 became vested on July 8, 2015 and shares were delivered to reporting person on that date. 6.25% of the restricted stock unit will continue to vest quarterly and shares will be delivered to reporting person on each vest date.