SEC Form 4 · accession 0001127602-16-053941
Pandora Media, LLC · P
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher Douglas Martin
Officer — Chief Technology Officer
Period of report
May 26, 2016
Accepted (ET)
May 31, 2016 · 4:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001230276
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 26, 2016 | M | 7,360 | $0.16 | A | 357,830 | D | |
| Common StockF1 | May 26, 2016 | S | 7,360 | $11.1116 | D | 350,470 | D | |
| Common Stock | May 26, 2016 | M | 16,875 | $6.35 | A | 367,345 | D | |
| Common StockF2 | May 26, 2016 | S | 16,875 | $11.1203 | D | 350,470 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock (Right To Purchase)F3 | $0.16 | May 26, 2016 | M | 7,360 | D | — | Jul 7, 2019 | Common Stock | 7,360 | 0 | D |
| Common Stock (Right To Purchase)F4 | $6.35 | May 26, 2016 | M | 16,875 | D | — | Mar 31, 2021 | Common Stock | 16,875 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.111 to $11.12, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.12 to $11.13, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.
- F3Fully vested.
- F4Fully vested.