SEC Form 4 · accession 0001209191-18-012035
CAVIUM, INC. · CAVM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Arthur D Chadwick
Officer — VP Finance & Admin CFO
Period of report
Feb 16, 2018
Accepted (ET)
Feb 21, 2018 · 5:30 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 | Feb 16, 2018 | M | 30,000 | $37.22 | A | 116,811 | D | |
| Common stock | Feb 16, 2018 | M | 30,000 | $35.73 | A | 146,811 | D | |
| Common stock | Feb 16, 2018 | M | 7,404 | $37.83 | A | 154,215 | D | |
| Common stockF2 | Feb 16, 2018 | S | 67,404 | $87.24 | D | 86,811 | D | |
| Common stock | Feb 20, 2018 | M | 2,596 | $37.83 | A | 89,407 | D | |
| Common stock | Feb 20, 2018 | M | 22,000 | $37.63 | A | 111,407 | D | |
| Common stockF3 | Feb 20, 2018 | S | 50,798 | $88.41 | D | 60,609 | 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 buyF4 | $37.22 | Feb 16, 2018 | M | 30,000 | D | — | Mar 10, 2018 | Common Stock | 30,000 | 0 | D |
| Stock option right to buyF4 | $35.73 | Feb 16, 2018 | M | 30,000 | D | — | Feb 24, 2019 | Common stock | 30,000 | 0 | D |
| Stock option right to buyF4 | $37.83 | Feb 16, 2018 | M | 7,404 | D | — | Feb 7, 2021 | Common stock | 7,404 | 3,596 | D |
| Stock option right to buyF4 | $37.83 | Feb 20, 2018 | M | 2,596 | D | — | Feb 7, 2021 | Common stock | 2,596 | 1,000 | D |
| Stock option right to buyF4 | $37.63 | Feb 20, 2018 | M | 22,000 | D | — | Mar 22, 2020 | Common stock | 22,000 | 0 | 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 $86.63 per share to $87.64 per share.
- F3Shares were sold ranging from $86.98 per share to $88.87 per share.
- F41/8th 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.