SEC Form 4 · accession 0001179110-15-003138
TANGOE INC · TNGO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher Mezzatesta
Officer — Sr. VP Global Sales
Period of report
Feb 19, 2015
Accepted (ET)
Feb 23, 2015 · 4:15 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 19, 2015 | S | 3,334 | $12.3704 | D | 30,205 | D | |
| Common StockF3,F4 | Feb 19, 2015 | A | 9,357 | $0.00 | A | 39,562 | D | |
| Common StockF5,F6 | Feb 19, 2015 | S | 1,871 | $12.3704 | D | 37,691 | D | |
| Common StockF7,F8 | Feb 19, 2015 | S | 2,778 | $12.3704 | D | 34,913 | D | |
| Common StockF9,F10 | Feb 19, 2015 | A | 18,000 | $0.00 | A | 52,913 | D | |
| Common StockF11 | Feb 20, 2015 | A | 3,000 | $0.00 | A | 55,913 | D | |
| Common StockF12 | Feb 20, 2015 | S | 3,000 | $12.20 | D | 52,913 | 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 $12.25 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.
- F10Represents 1,872 shares of common stock and 51,041 RSUs/PSUs.
- F11Represents 4,872 shares of common stock and 51,041 RSUs/PSUs. The acquired shares represent a stock award granted to the reporting person under the issuer's 2011 Stock Incentive Plan.
- F12Represents 1,872 shares of common stock and 51,041 RSUs/PSUs.
- F2Represents 1,872 shares of common stock and 28,333 restricted stock units ("RSUs").
- F3The 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.
- F4Represents 1,872 shares of common stock and 37,690 RSUs/PSUs.
- F5The 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.
- F6Represents 1,872 shares of common stock and 35,819 RSUs/PSUs.
- F7The 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.
- F8Represents 1,872 shares of common stock and 33,041 RSUs/PSUs.
- F9The securities acquired are RSUs granted to the reporting person under the issuer's 2011 Stock Incentive Plan. Each RSU represents the right to receive one share of common stock upon vesting. The RSUs vest as to one-ninth of the original number of shares on February 19, 2016, and as to an additional one-ninth of the original number of shares each quarter thereafter until February 19, 2018.