SEC Form 4 · accession 0001209191-18-020462
OOMA INC · OOMA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ravi Narula
Officer — Chief Financial Officer
Period of report
Mar 14, 2018
Accepted (ET)
Mar 16, 2018 · 8:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001327688
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 14, 2018 | A | 48,000 | $0.00 | A | 217,480 | D | |
| Common StockF2 | Mar 15, 2018 | F | 5,685 | $11.80 | D | 211,795 | D | |
| Common StockF3 | Mar 15, 2018 | A | 3,000 | $5.01 | A | 214,795 | 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 | $11.75 | Mar 14, 2018 | A | 12,000 | A | — | Mar 14, 2028 | Common Stock | 12,000 | 12,000 | D |
Explanation of responses
- F1Represent restricted stock units which will vest as follows: 1/8th of the total original number of restricted stock units shall vest on September 15, 2018 and 1/16th of the total original number of restricted stock units shall vest on the same day of every third month thereafter.
- F2Shares delivered by Reporting Person to Issuer in payment of the withholding tax liability upon vesting of restricted stock units.
- F3Represents shares acquired under the Issuer's Employee Stock Purchase Plan.
- F41/8th of the shares subject to the option shall vest and become exercisable on September 15, 2018, and 1/16th of the shares subject to the option shall vest and become exercisable on the same day of every third month thereafter.