SEC Form 4 · accession 0001209191-16-155462
CAVIUM, INC. · CAVM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
C N Reddy
Director
Period of report
Dec 13, 2016
Accepted (ET)
Dec 15, 2016 · 5:14 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 | Dec 13, 2016 | M | 12,500 | $25.17 | A | 52,114 | I | Both direct and indirect. See footnote |
| Common stockF2,F1 | Dec 13, 2016 | S | 12,500 | $63.26 | D | 39,614 | I | Both direct and indirect. See footnote |
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 buyF3 | $25.17 | Dec 13, 2016 | M | 12,500 | D | Jun 7, 2010 | May 7, 2017 | Common stock | 12,500 | 0 | D |
Explanation of responses
- F1Of the total beneficial ownership following the transaction, 19,199 shares are held through a family trust and 1,207 shares are owned indirectly by the reporting person through multiple partnerships.
- F2Shares were sold ranging from $63.24 per share to $63.37 per share.
- F31/48th of the shares subject to the option vest monthly over 48 months.