SEC Form 4 · accession 0001209191-18-035787
Telaria, Inc. · TLRA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Caine
Officer — Executive Chairman · Director
Period of report
Jun 1, 2018
Accepted (ET)
Jun 5, 2018 · 5:07 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001375796
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 1, 2018 | M | 32,467 | — | A | 152,414 | D | |
| Common Stock | Jun 1, 2018 | F | 11,284 | $4.27 | D | 141,130 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1 | — | Jun 1, 2018 | M | 32,467 | D | — | — | Common Stock | 32,467 | 0 | D |
| Restricted Stock UnitF3,F4 | — | Jun 1, 2018 | A | 17,564 | A | — | — | Common Stock | 17,564 | 17,564 | D |
Explanation of responses
- F1The restricted stock unit granted to the Reporting Person on June 2, 2017 vested on June 1, 2018, the date of the Issuer's 2018 Annual Meeting of Stockholders, at which time it automatically converted into the same number of shares of common stock.
- F2The transaction reported represents the withholding of shares by the Issuer to satisfy the reporting person's tax withholding obligations in connection with the vesting and settlement of restricted stock units.
- F3Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- F4The restricted stock units vest in full on the date of the Issuer's 2019 Annual Meeting of Stockholders, subject to such director's continued service on the Board of Directors as of such date.