SEC Form 4 · accession 0001209191-16-142533
Violin Memory Inc · VMEM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ebrahim Abbasi
Officer — Chief Operating Officer
Period of report
Sep 20, 2016
Accepted (ET)
Sep 22, 2016 · 5:52 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001407190
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Sep 20, 2016 | M | 3,038 | — | A | 193,610 | 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 UnitF3,F2 | — | Sep 20, 2016 | M | 3,125 | D | — | — | Common Stock | 3,125 | 43,750 | D |
Explanation of responses
- F1Effective July 5, 2016, Violin Memory, Inc. effected a 1-for-4 reverse stock split. All amounts reflected in this Form 4 are post-split.
- F2This grant previously was reported as a grant, on March 9, 2015, of 200,000 restricted stock units. Reflecting the 1-for-4 reverse stock split effective July 5, 2016, the reporting person has vested 3,125 restricted stock units of the 50,000 restricted stock units granted on March 9, 2015, of which 87 were sold for payment of taxes.
- F3Each restricted stock unit represents a contingent right to receive one share of common stock of Violin Memory, Inc.