SEC Form 4 · accession 0001209191-16-094889
CAVIUM, INC. · CAVM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anil Kumar Jain
Officer — Corporate VP, IC Engineering
Period of report
Jan 30, 2016
Accepted (ET)
Feb 2, 2016 · 5:29 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001175609
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stockF1 | Jan 30, 2016 | M | 3,000 | — | A | 67,670 | D | |
| Common stockF3 | Feb 2, 2016 | S | 3,638 | $55.73 | D | 64,032 | 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 unitsF1 | — | Jan 30, 2016 | M | 3,000 | D | — | — | Common stock | 3,000 | 0 | D |
Explanation of responses
- F1As reported on Form 4 dated February 28, 2012, the reporting person received a grant of 12,000 Restricted Stock Units ("RSU's") on February 24, 2012 pursuant to Cavium's 2007 Equity Incentive Plan. 25% of the RSUs will vest annually on each of January 30, 2013, January 30, 2014, January 30, 2015 and January 30, 2016. On each vesting date, for each RSU vesting on such date, the reporting person will receive one share of Cavium's common stock at no cost. On January 30, 2016, the final 25% of these RSU's vested, resulting in the issuance of 3,000 shares of Cavium's common stock.
- F2The sale was made under a 10b5-1 trading plan as adopted by the reporting person.
- F3Shares were sold ranging from $55.27 per share to $56.39 per share.