SEC Form 4 · accession 0001209191-15-063832
Zeltiq Aesthetics Inc · ZLTQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Keith J Sullivan
Officer — SVP, Chief Commercial Officer
Period of report
Aug 4, 2015
Accepted (ET)
Aug 4, 2015 · 8:12 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001415336
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 4, 2015 | F | 568 | $35.938 | D | 91,693 | D | |
| Common StockF3 | Aug 4, 2015 | S | 13,700 | $36.1903 | D | 77,993 | D | |
| Common StockF4 | Aug 4, 2015 | A | 10,000 | $0.00 | A | 87,993 | D | |
| Common StockF5 | Aug 4, 2015 | F | 4,195 | $35.938 | D | 83,798 | D | |
| Common Stock | holding | — | — | — | 5,000 | I | By Keith J Sullivan (IRA) FCC as custodian |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the number of shares withheld by and surrendered to the Issuer to satisfy the tax withholding obligation that arose in connection with the vesting of the Restricted Stock Units ("RSUs"). The RSUs for 65,000 shares vest as follows: 25% of the total number of shares subject to the RSUs vested on October 4, 2013 and the remainder vests in 36 equal monthly installments.
- F2The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.57 to $36.44, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, 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.
- F4Represents the number of shares subject to Performance Stock Units ("PSUs") vested in connection with meeting of certain performance milestones by the Reporting Person. No other shares from the PSUs vested.
- F5Represents the number of shares withheld by and surrendered to the Issuer to satisfy the tax withholding obligation that arose in connection with the vesting of the PSUs referenced in footnote 4.