SEC Form 4 · accession 0001209191-17-049761
CAVIUM, INC. · CAVM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Muhammad Raghib Hussain
Officer — Chief Operating Officer
Period of report
Aug 17, 2017
Accepted (ET)
Aug 21, 2017 · 8:40 pm EDT
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 stockF2,F3,F4 | Aug 17, 2017 | S | 20,000 | $61.85 | D | 309,938 | I | See Footnote |
| Common stockF3,F4 | Aug 21, 2017 | M | 20,000 | $37.63 | A | 329,938 | I | 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 buyF5 | $37.63 | Aug 21, 2017 | M | 20,000 | D | Sep 22, 2013 | Mar 22, 2020 | Common stock | 20,000 | 10,000 | D |
Explanation of responses
- F1The sale was made under a 10b5-1 trading plan as adopted by the reporting person.
- F2Shares were sold ranging from $61.33 per share to $62.20 per share.
- F3Both direct and indirect holding. See footnote 4.
- F4Of the amount of securities beneficially owned following reported transaction, 36,000 shares are owned indirectly by the reporting person through multiple family trusts.
- F51/8th 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.