SEC Form 4 · accession 0001628280-16-019167
LIFELOCK, INC. · LOCK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas C Jeffries
Officer — CFO and CAO
Period of report
Aug 18, 2016
Accepted (ET)
Aug 19, 2016 · 5:21 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 | Aug 18, 2016 | A | 24,383 | $0.00 | A | 72,339 | 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 | $16.84 | Aug 18, 2016 | A | 58,054 | A | — | Aug 18, 2026 | COMMON STOCK | 58,054 | 58,054 | D |
Explanation of responses
- F1Reflects the grant of restricted stock. Each restricted stock represents the contingent right to receive one share of the Issuer's common stock. 25% of the restricted stock will vest on August 18, 2017. The remaining restricted stock will vest at a rate of 1/16 of the total number of restricted stock equally in quarterly installments over the following three-year period.
- F225% of the total number of shares underlying this option will vest on August 18, 2017. The remaining shares underlying this option will 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.