SEC Form 4 · accession 0001246360-15-000598
Riverbed Technology, Inc. · RVBD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Peranich
Officer — President,Worldwide Field Ops.
Period of report
Feb 2, 2015
Accepted (ET)
Feb 4, 2015 · 4:49 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001357326
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 2, 2015 | A | 57,078 | $0.00 | A | 501,766 | D | |
| Common StockF1 | Feb 2, 2015 | A | 108,346 | $0.00 | A | 610,112 | D | |
| Common Stock | Feb 2, 2015 | M | 73,890 | $7.19 | A | 684,002 | D | |
| Common StockF4 | Feb 2, 2015 | S | 73,890 | $20.5789 | D | 610,112 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F2 | $7.19 | Feb 2, 2015 | M | 73,890 | D | — | Apr 30, 2015 | Common Stock | 73,890 | 0 | D |
Explanation of responses
- F1These performance awards were granted January 1, 2014, earned based on 2014 performance, and ratified by the Compensation Committee on February 2, 2015. These awards vest in full on December 31, 2016 pursuant to the terms of the 2014 Long-Term Incentive Plan.
- F2Option becomes exercisable in monthly installments over a period of 48 months of continuous service after May 1, 2008.
- F3Sale pursuant to a Rule 10b5-1 trading plan.
- F4The sales price reported in column 4 of Table 1 represents the weighted average sales price of the shares sold ranging from $20.5594 to $20.60 per share. The reporting person will provide, upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.