SEC Form 4 · accession 0000899243-17-018440
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
Jul 17, 2017
Accepted (ET)
Jul 18, 2017 · 4:30 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 | Jul 17, 2017 | M | 169,888 | $2.16 | A | 224,381 | D | |
| Common Stock | Jul 17, 2017 | M | 8,177 | $7.76 | A | 232,558 | D | |
| Common Stock | Jul 17, 2017 | M | 3,121 | $8.73 | A | 235,679 | 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)F1 | $2.16 | Jul 17, 2017 | M | 169,888 | D | — | Jul 12, 2022 | Common Stock | 169,888 | 0 | D |
| Employee Stock Option (right to buy)F2 | $7.76 | Jul 17, 2017 | M | 8,177 | D | — | Dec 11, 2024 | Common Stock | 8,177 | 29,323 | D |
| Employee Stock Option (right to buy)F3 | $8.73 | Jul 17, 2017 | M | 3,121 | D | — | Dec 15, 2025 | Common Stock | 3,121 | 96,879 | D |
Explanation of responses
- F1Shares subject to the option are fully vested and immediately exercisable.
- F2One-fourth of the shares subject to the option vested on December 11, 2015 and 1/48th of the shares vest monthly thereafter.
- F3One-fourth of the shares subject to the option vested on December 15, 2016 and 1/48th of the shares vest monthly thereafter.