SEC Form 4 · accession 0001336059-15-000001
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
Jan 16, 2015
Accepted (ET)
Jan 21, 2015 · 7:37 pm EST
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 | Jan 16, 2015 | M | 50,000 | $3.30 | A | 317,024 | D | |
| Common StockF2 | Jan 16, 2015 | S | 25,834 | $9.462 | D | 291,190 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $3.30 | Jan 16, 2015 | M | 50,000 | D | Mar 17, 2005 | Feb 17, 2015 | Common Stock | 50,000 | 0 | D |
Explanation of responses
- F1The sales reported on this Form 4 were made in accordance with a "net" or "cashless" exercise of an expiring stock option subject to the terms of a Lock-Up Agreement between the reporting person and the underwriters of the Company's initial public offering, and in accordance with a Rule 10b5-1 plan adopted by the reporting person on December 12, 2014. The reporting person has disposed of only that number of shares necessary to cover the exercise price of the expiring stock option and taxes.
- F2The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.32 to $9.74, 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 trust for the benefit of a child 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.