SEC Form 4 · accession 0001127602-16-052858
Apigee Corp · APIC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tim M Wan
Officer — Chief Financial Officer
Period of report
May 17, 2016
Accepted (ET)
May 19, 2016 · 7:59 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001324772
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 17, 2016 | M | 15,000 | $10.55 | A | 19,000 | D | |
| Common Stock | May 17, 2016 | F | 5,583 | $10.55 | D | 13,417 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F2 | — | May 17, 2016 | M | 15,000 | D | — | — | Common Stock | 15,000 | 15,000 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Apigee Corporation common stock in settlement upon vesting. The restricted stock units vest on specific dates and do not have an expiration date.
- F2One-half of the shares underlying the restricted stock unit vest on May 17, 2016, and the remaining one-half vest annually in four equal installments thereafter, assuming reporting person is in service with issuer on vesting date(s).