SEC Form 4 · accession 0001209191-16-107372
QLIK TECHNOLOGIES INC · QLIK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Deborah C Lofton
Officer — VP and General Counsel
Period of report
Mar 7, 2016
Accepted (ET)
Mar 9, 2016 · 4:54 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001305294
Table I — non-derivative securities
No Table I lines on this filing.
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)F1,F2 | $26.19 | Mar 7, 2016 | A | 51,000 | A | — | Mar 7, 2026 | Common Stock | 51,000 | 51,000 | D |
| Restricted Stock UnitF1,F3,F4,F5 | — | Mar 7, 2016 | A | 21,100 | A | — | — | Common Stock | 21,100 | 21,100 | D |
Explanation of responses
- F1On February 26, 2016, the Compensation Committee of the Issuer's Board of Directors approved this grant which was issued on the 5th trading day of the month following such approval pursuant to the Issuer's equity grant policy. This grant represents the reporting person's 2016 annual long-term incentive award approved as part of the Issuer's annual performance review cycle.
- F2Exercisable with respect to one quarter (1/4) of the shares of stock which are subject to this option on March 7, 2017 (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.
- F3Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- F4The RSUs vest in four (4) equal annual installments beginning March 7, 2017, 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.
- F5Not applicable.