SEC Form 4 · accession 0001628280-16-016785
LIFELOCK, INC. · LOCK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chris G Power
Officer — CHIEF FINANCIAL OFFICER
Period of report
May 24, 2016
Accepted (ET)
May 26, 2016 · 6:08 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 STOCK | May 24, 2016 | M | 5,000 | $3.79 | A | 198,664 | D | |
| COMMON STOCKF2 | May 24, 2016 | S | 5,000 | $12.50 | D | 193,664 | 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)F3 | $3.79 | May 24, 2016 | M | 5,000 | D | — | Feb 10, 2021 | COMMON STOCK | 5,000 | 153,000 | D |
Explanation of responses
- F1The shares were sold pursuant to a 10b5-1 trading plan.
- F2The sales were effected through multiple transactions at the price of $12.50.
- F325% of the total number of shares underlying this option vested on January 10, 2012. The remaining shares underlying this option vested at a rate of 1/48 of the total number of shares underlying this option on the tenth of each month thereafter for a period of 36 months.