SEC Form 4 · accession 0000899243-16-023081
Xactly Corp · XTLY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher Cabrera
Officer — Chief Executive Officer · Director
Period of report
Jun 15, 2016
Accepted (ET)
Jun 16, 2016 · 4:31 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 15, 2016 | M | 30,000 | $0.68 | A | 121,000 | D | |
| Common Stock | Jun 15, 2016 | S | 30,000 | $12.00 | D | 96,500 | D | |
| Common StockF2 | holding | — | — | — | 535,879 | I | See footnote | |
| Common StockF3 | holding | — | — | — | 25,000 | I | See footnote | |
| Common StockF4 | holding | — | — | — | 25,000 | I | See footnote |
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)F5 | $0.68 | Jun 15, 2016 | M | 30,000 | D | — | Jun 18, 2018 | Common Stock | 30,000 | 45,500 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on April 12, 2016.
- 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.