SEC Form 4 · accession 0001140361-18-027068
Mellanox Technologies, Ltd. · MLNX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marc Sultzbaugh
Officer — Sr. VP World Wide Sales
Period of report
May 31, 2018
Accepted (ET)
Jun 4, 2018 · 4:07 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001356104
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary SharesF1 | May 31, 2018 | M | 1,739 | $8.23 | A | 56,921 | D | |
| Ordinary SharesF1 | May 31, 2018 | M | 18,005 | $10.23 | A | 74,926 | D | |
| Ordinary SharesF3,F1 | May 31, 2018 | S | 19,744 | $86.23 | D | 55,182 | D | |
| Ordinary SharesF1 | Jun 1, 2018 | M | 256 | $10.23 | A | 55,438 | D | |
| Ordinary SharesF1 | Jun 1, 2018 | S | 256 | $86.105 | D | 55,182 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F4 | $8.23 | May 31, 2018 | M | 1,739 | D | — | Dec 25, 2018 | Ordinary Shares | 1,739 | 0 | D |
| Stock Option (Right to Buy)F4 | $10.23 | May 31, 2018 | M | 18,005 | D | — | Apr 22, 2019 | Ordinary Shares | 18,005 | 30,867 | D |
| Stock Option (Right to Buy)F4 | $10.23 | Jun 1, 2018 | M | 256 | D | — | Apr 22, 2019 | Ordinary Shares | 256 | 30,611 | D |
Explanation of responses
- F1Includes 27,250 unvested Restricted Share Units (RSU's). Upon vesting thereof, the Reporting Person is entitled to receive one (1) ordinary share for each one (1) RSU.
- F2Represents ordinary shares sold to cover the reporting person's tax liability in connection with the vesting of RSUs and the exercise on May 31, 2018 of two fully vested options to purchase shares that were due to expire on December 25, 2018 and April 22, 2019, respectively.
- F3The transaction was executed in multiple trades in prices ranging from $86.00 to $86.92. The price reported above reflects the weighted average sale prices. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a stockholder of the Issuer, the information regarding the number of shares and price at which the transaction was effected.
- F4The ordinary shares subject to this option are fully vested and exercisable.