SEC Form 4 · accession 0000899243-17-012694
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
May 8, 2017
Accepted (ET)
May 10, 2017 · 9:12 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 StockF1 | May 8, 2017 | M | 3,333 | $2.16 | A | 57,826 | D | |
| Common Stock | May 8, 2017 | S | 3,333 | $11.95 | D | 54,493 | D | |
| Common Stock | May 10, 2017 | M | 3,333 | $2.16 | A | 57,826 | D | |
| Common StockF3 | May 10, 2017 | S | 3,333 | $12.0153 | D | 54,493 | 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)F4 | $2.16 | May 8, 2017 | M | 3,333 | D | — | Jul 12, 2022 | Common Stock | 3,333 | 187,030 | D |
| Employee Stock Option (right to buy)F4 | $2.16 | May 10, 2017 | M | 3,333 | D | — | Jul 12, 2022 | Common Stock | 3,333 | 183,697 | D |
Explanation of responses
- F1Includes 1,000 shares acquired under the Issuer's 2015 Employee Stock Purchase Plan on September 20, 2016 in a transaction exempt under both Rule 16b-3(d) and Rule 16b-3(c).
- F2The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on October 10, 2016.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.95 to $12.10, 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.
- F4Shares subject to the option are fully vested and immediately exercisable.