SEC Form 4 · accession 0001209191-18-044811
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
Jul 30, 2018
Accepted (ET)
Aug 1, 2018 · 6:50 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 | Jul 30, 2018 | S | 3,000 | $80.50 | D | 172,267 | D | |
| Ordinary SharesF2,F3,F4 | Aug 1, 2018 | A | 15,000 | $0.00 | A | 187,267 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Includes 24,687 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.
- F2Restricted Share Units ("RSU's"). Upon vesting the Reporting Person is entitled to receive one (1) ordinary share for each one (1) RSU.
- F3The RSU's will vest at a rate of one-fourth (1/4th) of the original number of ordinary shares on August 1, 2019, 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 November, February, May and August commencing on November 1, 2019, with the last one-sixteenth (1/16th) of the original number of shares vesting on August 1, 2022, so long as the Reporting Person continues to provide services to the Issuer.
- F4Includes 36,640 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.