SEC Form 4 · accession 0001209191-17-017680
CAVIUM, INC. · CAVM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vincent P Pangrazio
Officer — SVP,Gen. Counsel & Secretary
Period of report
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 4:52 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 stock | Mar 1, 2017 | M | 15,000 | $37.22 | A | 60,039 | D | |
| Common stock | Mar 1, 2017 | S | 15,000 | $67.22 | D | 45,039 | 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 | $37.22 | Mar 1, 2017 | M | 15,000 | D | — | Mar 10, 2018 | Common stock | 15,000 | 30,000 | D |
Explanation of responses
- F1The sale was made under a 10b5-1 trading plan as adopted by the reporting person.
- F21/8th of the shares subject to the option vest on the six month anniversary of the vesting commencement date and 1/48th of the shares vest monthly thereafter over the next three and one half years.