SEC Form 4 · accession 0001209191-16-150223
LINKEDIN CORP · LNKD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patricia L Wadors
Officer — SVP Global Talent Organization
Period of report
Nov 14, 2016
Accepted (ET)
Nov 15, 2016 · 5:18 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001271024
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Nov 14, 2016 | M | 1,065 | $161.34 | A | 44,010 | D | |
| Class A Common Stock | Nov 14, 2016 | S | 1,065 | $191.00 | D | 42,945 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (Right to Buy)F2 | $161.34 | Nov 14, 2016 | M | 1,065 | D | — | Feb 14, 2023 | Common Stock | 1,065 | 3,197 | D |
Explanation of responses
- F1Shares were sold pursuant to a duly adopted 10b5-1 trading plan entered into in accordance with the Issuer's insider trading policy and provides for periodic sales as part of a liquidity and diversification strategy.
- F2Twenty-five percent (25%) of the shares subject to the Option shall vest on the first anniversary of the vesting Commencement Date, and the remaining seventy-five percent (75%) of the shares subject to the Option shall vest monthly over the next thirty-six (36) months.