SEC Form 4 · accession 0000899243-16-015021
Demandware Inc · DWRE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Timothy M Adams
Officer — EVP & Chief Financial Officer
Period of report
Mar 1, 2016
Accepted (ET)
Mar 2, 2016 · 5:11 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001301031
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F3 | Mar 1, 2016 | S | 1,406 | $34.7096 | D | 49,889 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person to satisfy reporting person's tax withholding obligation upon scheduled vesting of a restricted stock award.
- F2The price reported is the weighted average of the shares sold. The shares were sold at varying prices in the range of $34.36 to $35.10. The reporting person undertakes, upon the request of the staff of the 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.
- F3Includes 268 shares acquired under the Demandware, Inc. Employee Stock Purchase Plan on December 31, 2015.