SEC Form 4 · accession 0001209191-15-034355
CHANNELADVISOR CORP · ECOM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Diana Semel Allen
Officer — VP and General Counsel
Period of report
Apr 13, 2015
Accepted (ET)
Apr 15, 2015 · 5:11 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001169652
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Apr 13, 2015 | A | 22,500 | $0.00 | A | 40,080 | D |
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)F3 | $9.90 | Apr 13, 2015 | A | 15,000 | A | — | Apr 13, 2025 | Common Stock | 15,000 | 15,000 | D |
Explanation of responses
- F1The security represents restricted stock units granted to the reporting person. Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer.
- F2The shares underlying these restricted stock units vest in four equal annual installments beginning on April 13, 2016, subject to the reporting person's continuous service with the issuer as of the applicable vesting date.
- F3The option will vest over a period of four years, with 25% of the shares underlying the option vesting on the first, second, third and fourth anniversaries of the date of grant.