SEC Form 4 · accession 0000899243-16-028888

Xactly Corp · XTLY

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

Reporting owner

Officer — Chief Executive Officer · Director

Period of report

Sep 12, 2016

Accepted (ET)

Sep 13, 2016 · 4:56 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	Sep 12, 2016	M	8,000	$0.68	A	104,500	D
Common Stock^F2	Sep 12, 2016	S	8,000	$13.9421	D	96,500	D
Common Stock^F3	holding	—	—		—	535,879	I	See footnote
Common Stock^F4	holding	—	—		—	25,000	I	See footnote
Common Stock^F5	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)^F6	$0.68	Sep 12, 2016	M	8,000	D	—	Jun 18, 2018	Common Stock	8,000	17,500	D

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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.78 to $14.18, 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.
F3The shares are held of record by the Cabrera 2000 Revocable Living Trust dated October 23, 2000 for which the Reporting Person serves as trustee.
F4The shares are held of record by the Reporting Person as custodian for his daughter.
F5The shares are held of record by the Reporting Person as custodian for his son.
F6Shares subject to the option are fully vested and immediately exercisable.