SEC Form 4 · accession 0001246360-17-001906
Tableau Software Inc · DATA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chris Stolte
Officer — Co-Founder & Technical Advisor · Director
Period of report
May 15, 2017
Accepted (ET)
May 17, 2017 · 8:14 pm EDT
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 | May 15, 2017 | C | 75,000 | $0.00 | A | 78,805 | D | |
| Class A Common StockF4,F5 | May 15, 2017 | S | 38,600 | $61.39 | D | 40,205 | D | |
| Class A Common StockF4,F6 | May 15, 2017 | S | 36,400 | $62.00 | D | 3,805 | D | |
| Class A Common StockF7 | May 16, 2017 | S | 103 | $62.6343 | D | 3,702 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common StockF2,F3 | — | May 15, 2017 | C | 75,000 | D | — | — | Class A Common Stock | 75,000 | 3,488,125 | D |
Explanation of responses
- F1Each share of Class A Common Stock was issued upon the conversion of one share of Class B Common Stock.
- F2Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any transfer, whether or not for value and whether voluntary or involuntary or by operation of law, except for certain transfers described in the issuer's amended and restated certificate of incorporation, including, without limitation, certain transfers for tax and estate planning purposes.
- F3Not applicable.
- F4Shares were sold pursuant to a 10b5-1 Plan.
- F5The shares were sold at prices ranging from $60.85 to $61.85. 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.
- F6The shares were sold at prices ranging from $61.855 to $62.39. 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.
- F7Represents 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.