SEC Form 4 · accession 0001628280-19-002714
Amber Road, Inc. · AMBR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas E Conway
Officer — Chief Financial Officer
Period of report
Mar 7, 2019
Accepted (ET)
Mar 8, 2019 · 9:33 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001314223
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 7, 2019 | M | 54,545 | $0.00 | A | 78,320 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | $0.00 | Mar 7, 2019 | M | 0 | D | Mar 7, 2019 | Mar 7, 2019 | Common Stock | 0 | 0 | D |
Explanation of responses
- F1Performance Share Units ("PSUs") originally granted on June 12, 2017 in the target amount of 10,909 and disclosed in a Form 4 on June 14, 2017, fully vested on March 7, 2019 based upon the achievement of certain performance criteria related to the registrant's adjusted EBITDA for the fiscal year ended 2018. The performance exceeded the achievement cap resulting in a 5x multiplier to the target number of PSUs.