SEC Form 4 · accession 0001209191-15-051463
QLIK TECHNOLOGIES INC · QLIK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lars Bjork
Officer — CEO and President · Director
Period of report
Jun 5, 2015
Accepted (ET)
Jun 9, 2015 · 4:52 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001305294
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 6, 2015 | M | 17,650 | — | A | 857,517 | D | |
| Common StockF1 | Jun 7, 2015 | M | 5,575 | — | A | 863,092 | D | |
| Common StockF1 | Jun 7, 2015 | M | 4,950 | — | A | 868,042 | D | |
| Common StockF3 | Jun 8, 2015 | S | 11,236 | $36.4493 | D | 856,806 | D | |
| Common StockF4 | holding | — | — | — | 23,714 | I | By 2012 GRAT | |
| Common Stock | holding | — | — | — | 18,509 | I | By 2013 GRAT |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F5 | $37.32 | Jun 5, 2015 | A | 139,900 | A | — | Jun 5, 2025 | Common Stock | 139,900 | 139,900 | D |
| Restricted Stock UnitF1,F6,F7 | — | Jun 5, 2015 | A | 60,300 | A | — | — | Common Stock | 60,300 | 60,300 | D |
| Restricted Stock UnitF1,F8,F7 | — | Jun 6, 2015 | M | 17,650 | D | — | — | Common Stock | 17,650 | 52,950 | D |
| Restricted Stock UnitF1,F9,F7 | — | Jun 7, 2015 | M | 5,575 | D | — | — | Common Stock | 5,575 | 11,150 | D |
| Restricted Stock UnitF1,F10,F7 | — | Jun 7, 2015 | M | 4,950 | D | — | — | Common Stock | 4,950 | 4,950 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- F10The RSUs vest in four (4) equal annual installments beginning June 7, 2013, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date. The vested shares will be delivered to the Reporting Person upon vesting.
- F2Represents shares of the Issuer's common stock sold to satisfy tax obligations relating to the acquisition of shares of the Issuer's common stock in connection with the vesting of RSUs described in this Form 4.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.33 to $36.50, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (3) to this Form 4.
- F4The Reporting Person's spouse in the successor trustee of the trust. The Reporting Person disclaims beneficial ownership of these shares, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
- F5Exercisable with respect to one quarter (1/4) of the shares of stock which are subject to this option on June 5, 2016 (the "Initial Vesting Date"), provided Reporting Person remains continuously employed by the Issuer through the Initial Vesting Date; and exercisable with respect to three quarters (3/4) of the shares of stock which are subject to this option in equal increments quarterly over three (3) years beginning on the date three (3) months from the Initial Vesting Date, provided that the Reporting Person remains continuously employed by the Issuer through the last day of each quarterly period.
- F6The RSUs vest in four (4) equal annual installments beginning June 5, 2016, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date. The vested shares will be delivered to the Reporting Person upon vesting.
- F7Not applicable.
- F8The RSUs vest in four (4) equal annual installments beginning June 6, 2015, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date. The vested shares will be delivered to the Reporting Person upon vesting.
- F9The RSUs vest in four (4) equal annual installments beginning June 7, 2014, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date. The vested shares will be delivered to the Reporting Person upon vesting.