SEC Form 4 · accession 0001209191-17-063121
MULESOFT, INC · MULE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Horton
Officer — SVP People Ops, GC & Secretary
Period of report
Nov 28, 2017
Accepted (ET)
Nov 30, 2017 · 8:27 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001374684
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1,F2 | Nov 28, 2017 | C | 25,000 | — | A | 45,193 | D | |
| Class A Common StockF4 | Nov 28, 2017 | S | 26,470 | $22.7816 | D | 18,723 | D | |
| Class A Common StockF1 | Nov 29, 2017 | C | 25,000 | — | A | 43,723 | D | |
| Class A Common StockF5 | Nov 29, 2017 | S | 25,000 | $22.9015 | D | 18,723 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F6 | $0.68 | Nov 28, 2017 | M | 19,792 | D | — | Aug 29, 2023 | Class B Common Stock | 19,792 | 101,622 | D |
| Class B Common StockF1 | $0.68 | Nov 28, 2017 | M | 19,792 | A | — | — | Class A Common Stock | 19,792 | 283,520 | D |
| Class B Common StockF1 | — | Nov 28, 2017 | C | 19,792 | D | — | — | Class A Common Stock | 19,792 | 263,737 | D |
| Employee Stock Option (right to buy)F7 | $2.60 | Nov 28, 2017 | M | 5,208 | D | — | Feb 3, 2025 | Class B Common Stock | 5,208 | 27,084 | D |
| Class B Common StockF1 | $2.60 | Nov 28, 2017 | M | 5,208 | A | — | — | Class A Common Stock | 5,208 | 268,945 | D |
| Class B Common StockF1 | — | Nov 28, 2017 | C | 5,208 | D | — | — | Class A Common Stock | 5,208 | 263,737 | D |
| Employee Stock Option (right to buy)F6 | $0.68 | Nov 29, 2017 | M | 25,000 | D | — | Aug 29, 2023 | Class B Common Stock | 25,000 | 76,622 | D |
| Class B Common StockF1 | $0.68 | Nov 29, 2017 | M | 25,000 | A | — | — | Class A Common Stock | 25,000 | 288,737 | D |
| Class B Common StockF1 | — | Nov 29, 2017 | C | 25,000 | D | — | — | Class A Common Stock | 25,000 | 263,737 | D |
Explanation of responses
- F1Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
- F2Includes 1,470 shares acquired under the Issuer's 2017 Employee Stock Purchase Plan on November 10, 2017 in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c).
- F3The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 7, 2017.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.49 to $23.15, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (4) and (5) to this Form 4.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.56 to 23.40, inclusive.
- F6Shares subject to the option are fully vested and immediately exercisable.
- F7Shares subject to the option vest in 48 equal monthly installments beginning on March 3, 2015.