SEC Form 4 · accession 0001246360-17-000840
Tableau Software Inc · DATA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew Beers
Officer — Chief Development Officer
Period of report
Feb 15, 2017
Accepted (ET)
Feb 17, 2017 · 8:07 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001303652
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Feb 15, 2017 | A | 41,925 | $0.00 | A | 273,816 | D | |
| Class A Common StockF2,F3 | Feb 15, 2017 | S | 2,311 | $54.5609 | D | 271,505 | D | |
| Class A Common StockF4 | Feb 16, 2017 | S | 2,349 | $54.6331 | D | 269,156 | D | |
| Class A Common Stock | holding | — | — | — | 92,041 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the grant of restricted stock units. The units vest as to 25% of the shares subject to the RSU on February 15, 2018, and the remainder will vest quarterly over the following three years.
- F2The shares were sold at prices ranging from $53.95 to $55.10. The reporting person will provide upon request to the SEC, the issuer or security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F3Shares were sold pursuant to a 10b5-1 Plan.
- F4Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of certain RSUs, previously reported in Table I following the date of grant. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.