SEC Form 4 · accession 0001127602-16-056271
Apigee Corp · APIC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chetan Kapoor
Officer — CEO and President · Director
Period of report
Jun 21, 2016
Accepted (ET)
Jun 23, 2016 · 7:36 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 StockF1,F2 | Jun 21, 2016 | A | 40,000 | $0.00 | A | 40,746 | D | |
| Common StockF3 | holding | — | — | — | 530,390 | 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)F4 | $12.96 | Jun 21, 2016 | A | 225,000 | A | — | Jun 21, 2026 | Common Stock | 225,000 | 225,000 | D |
Explanation of responses
- F1These shares represent restricted stock units, one-fourth of which will vest annually for four years beginning on June 15, 2017.
- F2Includes 746 shares that have been acquired under the Apigee employee stock purchase plan on June 15, 2016.
- F3The reported shares are held of record by the Kapoor Family Trust dated March 15, 2002 for which Mr. Kapoor serves as a trustee.
- F4One-fourth of the shares underlying the option vest on June 21, 2017 and one sixteenth of the shares vest quarterly thereafter, assuming reporting person is in service with issuer on vesting date(s).