SEC Form 4 · accession 0000899243-16-033376
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
Nov 10, 2016
Accepted (ET)
Nov 14, 2016 · 6:25 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 Stock | Nov 10, 2016 | M | 8,000 | $0.68 | A | 104,500 | D | |
| Common StockF2 | Nov 10, 2016 | S | 8,000 | $12.9673 | D | 96,500 | D | |
| Common StockF3 | holding | — | — | — | 535,879 | I | See footnote | |
| Common StockF4 | holding | — | — | — | 25,000 | I | See footnote | |
| Common StockF5 | 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)F6 | $0.68 | Nov 10, 2016 | M | 8,000 | D | — | Sep 22, 2020 | Common Stock | 8,000 | 234,000 | 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.625 to $13.10, 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.