SEC Form 4 · accession 0001209191-17-010210
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
Feb 10, 2017
Accepted (ET)
Feb 13, 2017 · 7:10 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 | Feb 10, 2017 | A | 17,494 | — | A | 114,885 | 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 buyF2 | $65.80 | Feb 10, 2017 | A | 15,345 | A | — | Feb 10, 2024 | Common stock | 15,345 | 15,345 | D |
Explanation of responses
- F1This is a Restricted Stock Unit (RSU) grant with a 4-year vesting term. The first 25% of this RSU grant will vest on January 31, 2018; and an additional 25% will vest thereafter on January 31st of each following year. 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.
- F2This grant has a 4-year vesting term. 1/4 of the shares subject to the option vest on the first year anniversary of the grant date and the remaining shares will vest monthly thereafter over the next three years.