SEC Form 4 · accession 0001179110-15-003139
TANGOE INC · TNGO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Albert R. Subbloie Jr.
Officer — President & CEO · Director
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 | A | 46,787 | $0.00 | A | 1,735,359 | D | |
| Common StockF3,F4 | Feb 19, 2015 | A | 120,000 | $0.00 | A | 1,855,359 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The 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.
- F2Represents 1,490,572 shares of common stock and 244,787 restricted stock units ("RSUs") and PSUs.
- F3The 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.
- F4Represents 1,541,375 shares of common stock and 313,984 RSUs/PSUs. These numbers represent the additional 120,000 RSUs, net of RSUs/PSUs that vested on February 19, 2015 resulting in the additional shares and fewer RSUs/PSUs.