SEC Form 4 · accession 0000899243-16-016948
Demandware Inc · DWRE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rohit Goyal
Officer — SVP of Engineering
Period of report
Mar 28, 2016
Accepted (ET)
Mar 30, 2016 · 4:51 pm EDT
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 StockF1 | Mar 28, 2016 | A | 4,250 | $0.00 | A | 28,000 | D | |
| Common StockF2 | Mar 28, 2016 | A | 12,750 | $0.00 | A | 40,750 | D | |
| Common StockF3 | Mar 29, 2016 | A | 800 | $0.00 | A | 41,550 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares are from a grant of restricted stock on March 28, 2016.
- F2These shares are from a grant of performance-based restricted stock on March 28, 2016. The number of shares reported are based on target performance. No performance-based restricted stock will be earned unless the performance threshold is met.
- F3On March 29, 2016, the performance-based restricted stock award granted on March 31, 2015 was adjusted based on the achievement of 116% of target, and these shares represent the additional shares granted above the target number of shares previously reported.