SEC Form 4 · accession 0001209191-18-001957
Mellanox Technologies, Ltd. · MLNX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Yakov (Jacob) Shulman
Officer — Chief Financial Officer
Period of report
Jan 2, 2018
Accepted (ET)
Jan 4, 2018 · 4:28 pm EST
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 | Jan 2, 2018 | M | 12,590 | $10.23 | A | 53,563 | D | |
| Ordinary SharesF1,F3,F2 | Jan 2, 2018 | S | 4,000 | $65.7447 | D | 49,563 | D | |
| Ordinary SharesF1,F3,F2 | Jan 2, 2018 | S | 4,590 | $65.7519 | D | 44,973 | D | |
| Ordinary SharesF1,F3,F2 | Jan 2, 2018 | S | 4,000 | $65.7375 | D | 40,973 | 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 | $10.23 | Jan 2, 2018 | M | 12,590 | D | — | Apr 22, 2019 | Ordinary Shares | 12,590 | 0 | D |
Explanation of responses
- F1The sales reported in the Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- F2Includes 30,687 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.
- F3This transaction was executed in multiple trades in prices ranging from $64.95 to $66.00. 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.
- F4The shares exercised pursuant to this option are fully vested and exerciseable.