SEC Form 4 · accession 0000899243-16-022194
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
Jun 7, 2016
Accepted (ET)
Jun 8, 2016 · 8:55 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 | Jun 7, 2016 | M | 11,110 | $2.16 | A | 29,110 | D | |
| Common Stock | Jun 7, 2016 | S | 11,110 | $11.00 | D | 18,000 | 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 | $2.16 | Jun 7, 2016 | M | 11,110 | D | — | Jul 12, 2022 | Common Stock | 11,110 | 270,280 | D |
Explanation of responses
- F1The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on October 9, 2015.
- F2One-fourth of the shares subject to the option vested on June 11, 2013 and one forty-eighth of the shares vest monthly thereafter.