SEC Form 4 · accession 0001209191-15-051472
QLIK TECHNOLOGIES INC · QLIK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy J MacCarrick
Officer — CFO
Period of report
Jun 5, 2015
Accepted (ET)
Jun 9, 2015 · 4:59 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 | 7,725 | — | A | 24,912 | D | |
| Common StockF3 | Jun 8, 2015 | S | 3,661 | $36.4493 | D | 21,251 | D |
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)F4 | $37.32 | Jun 5, 2015 | A | 46,700 | A | — | Jun 5, 2025 | Common Stock | 46,700 | 46,700 | D |
| Restricted Stock UnitF1,F5,F6 | — | Jun 5, 2015 | A | 20,100 | A | — | — | Common Stock | 20,100 | 20,100 | D |
| Restricted Stock UnitF1,F7,F6 | — | Jun 6, 2015 | M | 7,725 | D | — | — | Common Stock | 7,725 | 23,175 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- 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 the RSU 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.
- F4Exercisable 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.
- F5The RSUs vest in four 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.
- F6Not applicable.
- F7The RSUs vest in four 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.