SEC Form 4 · accession 0001628280-16-017058
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
Jun 7, 2016
Accepted (ET)
Jun 9, 2016 · 6:11 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 | Jun 7, 2016 | M | 13,000 | $3.79 | A | 206,664 | D | |
| COMMON STOCKF2 | Jun 7, 2016 | S | 13,000 | $13.92 | D | 193,664 | D | |
| COMMON STOCK | Jun 8, 2016 | M | 8,000 | $3.79 | A | 201,664 | D | |
| COMMON STOCKF3 | Jun 8, 2016 | S | 8,000 | $14.17 | 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)F4 | $3.79 | Jun 7, 2016 | M | 13,000 | D | — | Feb 10, 2021 | COMMON STOCK | 13,000 | 140,000 | D |
| EMPLOYEE STOCK OPTION (RIGHT TO BUY)F4 | $3.79 | Jun 8, 2016 | M | 8,000 | D | — | Feb 10, 2021 | COMMON STOCK | 8,000 | 132,000 | D |
Explanation of responses
- F1The shares were sold pursuant to a 10b5-1 trading plan.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.81 to $14.01, inclusive. The reporting person undertakes to provide to LifeLock, Inc. (the "Company"), any security holder of the Company, 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 range set forth in this footnote.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.11 to $14.19, inclusive. The reporting person undertakes to provide to LifeLock, Inc. (the "Company"), any security holder of the Company, 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 range set forth in this footnote.
- F425% 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.