SEC Form 4 · accession 0001123292-18-000628
SERVICESOURCE INTERNATIONAL, INC. · SREV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert N Pinkerton
Officer — Chief Financial Officer
Period of report
Apr 4, 2018
Accepted (ET)
Apr 6, 2018 · 5:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001310114
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Apr 4, 2018 | F | 53,191 | $3.72 | D | 1,722,372 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with vesting of certain RSUs previously reporting in Table 1, as required following the grant date. This sale is mandated by the Issuer's election under its equity incentive plan requiring satisfaction of tax withholding obligations by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
- F2This transaction was executed in multiple trades during the day at prices ranging from $3.69 to $3.78. The weighted average price reported above has been rounded up to the next whole number. The reporting person hereby undertakes to provide upon request, to the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which the transactions were effected.