SEC Form 4 · accession 0001171843-15-005476
YODLEE INC · YDLE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph Polverari
Officer — Chief Strategy & Dev. Officer
Period of report
Oct 8, 2015
Accepted (ET)
Oct 13, 2015 · 12:32 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 | Oct 8, 2015 | M | 937 | $0.00 | A | 40,313 | D | |
| Common Stock | Oct 8, 2015 | F | 344 | $16.36 | D | 39,969 | D | |
| Common StockF2 | Oct 8, 2015 | S | 593 | $16.393 | D | 39,376 | 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 UnitF3,F4 | $0.001 | Oct 8, 2015 | M | 937 | D | — | — | Common Stock | 937 | 5,625 | 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 15, 2014.
- F2The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.31 to $16.42, 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.
- F3Represents par value of YDLE common stock.
- F46.25% of the restricted stock unit granted on April 9, 2013 became vested and exercisable on October 8, 2015 and shares were delivered to reporting person on that date. The restricted stock unit will continue to vest quarterly and shares will be delivered to reporting person on each vest date.