SEC Form 4 · accession 0001209191-18-017339
CAVIUM, INC. · CAVM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Syed Ali
Officer — Pres., CEO, Chairman of board · Director
Period of report
Mar 2, 2018
Accepted (ET)
Mar 6, 2018 · 4:57 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 2, 2018 | M | 125,000 | $37.22 | A | 2,023,101 | D | |
| Common stockF3 | Mar 2, 2018 | S | 125,000 | $88.71 | D | 1,898,101 | 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 | Mar 2, 2018 | M | 125,000 | D | — | Mar 10, 2018 | Common stock | 125,000 | 0 | D |
Explanation of responses
- F1This stock option was set to expire by its terms on March 10, 2018
- F2The sale was made under a 10b5-1 trading plan as adopted by the reporting person.
- F3Shares were sold ranging from $87.52 per share to $89.18 per share.
- F41/8th of the shares subject to the option vest on the six month anniversary of the grant date and 1/48th of the shares vest monthly thereafter over the next three and one half years.