SEC Form 4 · accession 0000899243-15-010067
Xactly Corp · XTLY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph C Consul
Officer — CFO, Treasurer & Asst. Sec.
Period of report
Dec 15, 2015
Accepted (ET)
Dec 17, 2015 · 6:57 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001322554
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 15, 2015 | A | 17,000 | $0.00 | A | 17,000 | 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)F2 | $8.73 | Dec 15, 2015 | A | 100,000 | A | — | Dec 15, 2025 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1The reported shares are represented by restricted stock units, or RSUs, pursuant to which twenty-five percent (25%) of the RSUs vest on December 15, 2016 and 1/16th of the RSUs vest quarterly thereafter.
- F2Twenty-five percent (25%) of the shares subject to the option vest on December 15, 2016 and 1/48th of the shares subject to the option vest monthly thereafter.