SEC Form 4 · accession 0001209191-17-050727
Mellanox Technologies, Ltd. · MLNX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Kagan
Officer — CTO & VP of Architecture
Period of report
Aug 28, 2017
Accepted (ET)
Aug 30, 2017 · 4:39 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 | Aug 28, 2017 | M | 5,000 | $10.23 | A | 194,750 | D | |
| Ordinary SharesF2 | Aug 28, 2017 | S | 5,000 | $45.01 | D | 189,750 | 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)F3 | $10.23 | Aug 28, 2017 | M | 5,000 | D | — | Apr 22, 2019 | Ordinary Shares | 5,000 | 9,793 | D |
Explanation of responses
- F1Includes 36,765 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.
- F2This transaction was executed in multiple trades in prices ranging from $45.00 to $45.05. The price reported above reflects the weighted average sale price. 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.
- F3The shares exercised pursuant to this option are fully vested and exerciseable.