SEC Form 4 · accession 0000899243-16-017899

Xactly Corp · XTLY

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Executive Officer · Director

Period of report

Apr 8, 2016

Accepted (ET)

Apr 11, 2016 · 4:30 pm EDT

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 Stock	Apr 8, 2016	M	25,000	$0.68	A	121,500	D
Common Stock^F1	Apr 8, 2016	S	25,000	$7.2636	D	96,500	D
Common Stock^F2	holding	—	—		—	535,879	I	See footnote
Common Stock^F3	holding	—	—		—	25,000	I	See footnote
Common Stock^F4	holding	—	—		—	25,000	I	See footnote

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option (right to buy)^F5	$0.68	Apr 8, 2016	M	18,750	D	—	Apr 12, 2016	Common Stock	18,750	0	D
Employee Stock Option (right to buy)^F5	$0.68	Apr 8, 2016	M	6,250	D	—	May 25, 2017	Common Stock	6,250	12,500	D

F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.17 to $7.39, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
F2The shares are held of record by the Cabrera 2000 Revocable Living Trust dated October 23, 2000 for which the Reporting Person serves as trustee.
F3The shares are held of record by the Reporting Person as custodian for his daughter.
F4The shares are held of record by the Reporting Person as custodian for his son.
F5Shares subject to the option are fully vested and immediately exercisable.