SEC Form 4 · accession 0001628280-15-004339
LIFELOCK, INC. · LOCK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ignacio Martinez
Officer — Chief Risk Officer
Period of report
May 18, 2015
Accepted (ET)
May 19, 2015 · 8:33 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001383871
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCKF1 | May 18, 2015 | A | 37,500 | $0.00 | A | 37,500 | 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)F2 | $15.42 | May 18, 2015 | A | 50,000 | A | — | May 18, 2025 | COMMON STOCK | 50,000 | 50,000 | D |
Explanation of responses
- F1Reflects the grant of restricted stock units. Each restricted stock unit represents the contingent right to receive one share of the Issuer's common stock. 25% of the restricted stock units vest on May 18, 2016 and the remaining restricted stock units vest quarterly over a three-year period.
- F225% of the total number of shares underlying this option vest on May 18, 2016. The remaining shares underlying this option vest at a rate of 1/48 of the total number of shares underlying this option on the eighteenth of each month thereafter for a period of 36 months.