SEC Form 4 · accession 0001593968-15-000068
PROCERA NETWORKS, INC. · PKT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles Constanti
Officer — Chief Financial Officer
Period of report
Mar 2, 2015
Accepted (ET)
Mar 3, 2015 · 8:30 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001165231
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 2, 2015 | F | 446 | $9.47 | D | 54,854 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On March 2, 2015, 1,042 restricted stock units granted to the reporting person vested. Upon vesting, the reporting person received 596 shares of the company's common stock and 446 shares were withheld automatically in accordance with the reporting person's restricted stock units award agreement with the company in order to satisfy the tax liability that arose upon vesting of the restricted stock units.