SEC Form 4 · accession 0001209191-16-154522
Zeltiq Aesthetics Inc · ZLTQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carl Lamm
Officer — Vice President of Operations
Period of report
Dec 8, 2016
Accepted (ET)
Dec 9, 2016 · 6:34 pm EST
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 Stock | Dec 8, 2016 | M | 3,750 | $4.30 | A | 34,208 | D | |
| Common Stock | Dec 8, 2016 | M | 3,289 | $11.30 | A | 37,497 | D | |
| Common Stock | Dec 8, 2016 | M | 3,229 | $20.88 | A | 40,726 | D | |
| Common Stock | Dec 8, 2016 | S | 21,600 | $45.00 | D | 19,126 | 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 | $4.30 | Dec 8, 2016 | M | 3,750 | D | — | Nov 14, 2022 | Common Stock | 3,750 | 1,250 | D |
| Employee Stock Option (right to buy)F3 | $11.30 | Dec 8, 2016 | M | 3,289 | D | — | Feb 16, 2022 | Common Stock | 3,289 | 0 | D |
| Employee Stock Option (right to buy)F4 | $20.88 | Dec 8, 2016 | M | 3,229 | D | — | Feb 21, 2024 | Common Stock | 3,229 | 1,771 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- F225% of the total number of shares subject to the option vest on November 15, 2013, and the remainder vest in equal monthly installments over a 36 month period thereafter, subject to the Reporting Person's continued service to the Issuer.
- F3One 48th of the granted 17,544 shares vest in equal monthly installments over a 48 month period from the grant date February 17, 2012, provided that the Reporting Person continues to provide services to the Issuer.
- F425% of the total number of shares subject to the option vest on February 21, 2015, and the remainder vest in equal monthly installments over a 36 month period thereafter, subject to the Reporting Person's continued service to the Issuer.