SEC Form 4 · accession 0001179110-15-002974
TANGOE INC · TNGO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles D. Gamble
Officer — Sr. VP, Customer Account Mgt
Period of report
Feb 17, 2015
Accepted (ET)
Feb 19, 2015 · 6:22 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001182325
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 17, 2015 | S | 20,000 | $12.0565 | D | 87,193 | D | |
| Common StockF3,F4,F5 | Feb 19, 2015 | S | 1,654 | $12.3704 | D | 85,539 | D | |
| Common StockF3,F4,F6 | Feb 19, 2015 | S | 1,015 | $12.3704 | D | 84,524 | D | |
| Common StockF7,F8 | Feb 19, 2015 | A | 7,486 | $0.00 | A | 92,010 | D | |
| Common StockF9,F4,F10 | Feb 19, 2015 | S | 595 | $12.3704 | D | 91,415 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $12.05 to $12.07 per share. The reporting person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the issuer, or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
- F10Represents 60,815 shares of common stock and 30,600 RSUs/PSUs.
- F2Represents 55,860 shares of common stock and 31,333 restricted stock units ("RSUs").
- F3The sales reported in this line were used to pay tax withholding in connection with the vesting of previously granted RSUs and were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 28, 2013.
- F4The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $12.25 to $12.45 per share. The reporting person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the issuer, or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
- F5Represents 58,372 shares of common stock and 27,167 RSUs.
- F6Represents 59,913 shares of common stock and 24,611 RSUs
- F7The securities acquired are performance-based restricted stock units ("PSUs") previously granted to the reporting person under the issuer's 2011 Stock Incentive Plan, for which the performance-based criteria have now been satisfied. The PSUs vested as to 20% of the total number of shares on February 19, 2015, and vest as to an additional 20% of the total number of shares each quarter thereafter until February 19, 2016.
- F8Represents 59,913 shares of common stock and 32,097 RSUs/PSUs.
- F9The sales reported in this line were used to pay tax withholding in connection with the issuance of the PSUs and were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 28, 2013.