SEC Form 4 · accession 0001209191-15-050815
XOOM Corp · XOOM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Keith Rabois
Director
Period of report
May 30, 2015
Accepted (ET)
Jun 5, 2015 · 7:57 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001315657
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 500 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1 | $25.38 | holding | — | — | — | — | Aug 30, 2015 | Common Stock | 16,090 | 16,090 | D |
| Stock Option (right to buy)F2 | $14.12 | holding | — | — | — | — | Aug 28, 2015 | Common Stock | 95,000 | 95,000 | D |
| Stock Option (right to buy)F3 | $22.68 | holding | — | — | — | — | Aug 30, 2015 | Common Stock | 11,259 | 11,259 | D |
Explanation of responses
- F1This stock option was issued under the Xoom Corporation Non-Employee Director's Compensation Policy approved by the Board of Directors. 1/3rd of the shares subject to the option vest on each anniversary of the vesting commencement date of July 18, 2013, subject to the Reporting Person's continuous service to the Issuer on each such date. As of Reporting Person's termination date on May 30, 2015, 5,363 shares are vested and exercisable within three months from the date of termination.
- F2This stock option was issued under the Xoom Corporation Non-Employee Director's Compensation Policy approved by the Board of Directors. As of Reporting Person's termination date on May 30, 2015, 53,833 shares are vested and exercisable within 90 days from the date of termination.
- F3This stock option was issued under the Xoom Corporation Non-Employee Director's Compensation Policy approved by the Board of Directors. The shares subject to the option vests on the one year anniversary of the vesting commencement date of May 29, 2014. As of Reporting Person's termination date on May 30, 2015, all 11,259 shares are fully vested and exercisable within three months from the date of termination.
Remarks
The reporting person resigned from Xoom Corporation's Board Of Directors effective May 30, 2015. As a result, the reporting person is no longer subject to Section 16 in connection with his transactions in the equity securities of Xoom Corporation and therefore will no longer report any such transactions on Form 4 or Form 5.