SEC Form 4 · accession 0001209191-17-028451
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
Apr 25, 2017
Accepted (ET)
Apr 27, 2017 · 4:49 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,F2,F3 | Apr 25, 2017 | A | 17,000 | $0.00 | A | 81,455 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted Share Units ("RSU's"). The Reporting Person is entitled to receive one (1) ordinary share for each one (1) RSU.
- F2The RSU will vest at a rate of one-fourth (1/4th) of the original number of ordinary shares on May 1, 2018, and the remaining thereafter at a rate of one-sixteenth (1/16th) of the original number of shares on the first day of each quarterly period of August, November, February and May commencing on August 1, 2018, with the last one-sixteenth (1/16th) of the original number of shares vesting on May 1, 2021, so long as the Reporting Person remains an officer or employee of the Company.
- F3Includes 50,875 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.