SEC Form 4 · accession 0001209191-18-002710
Mellanox Technologies, Ltd. · MLNX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Glenda Dorchak
Director
Period of report
Jan 4, 2018
Accepted (ET)
Jan 8, 2018 · 4:09 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 4, 2018 | M | 5,000 | $13.66 | A | 18,200 | D | |
| Ordinary SharesF1,F3,F2 | Jan 4, 2018 | S | 5,000 | $64.898 | D | 13,200 | D | |
| Ordinary SharesF1,F2 | Jan 4, 2018 | S | 500 | $64.65 | D | 12,700 | 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 | $13.66 | Jan 4, 2018 | M | 5,000 | D | — | Jul 20, 2019 | Ordinary Shares | 5,000 | 29,142 | 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 1,400 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 $64.60 to $65.55. 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.