SEC Form 4 · accession 0001437749-17-015651
YuMe Inc · YUME
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ayyappan Sankaran
Officer — EVP, Engineering & CTO
Period of report
Feb 19, 2016
Accepted (ET)
Sep 6, 2017 · 9:24 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001415624
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 19, 2016 | J | 5,000 | $2.278 | A | 171,760 | D | |
| Common Stock | Sep 2, 2017 | M | 17,083 | $0.00 | A | 188,843 | D | |
| Common Stock | Sep 2, 2017 | F | 6,420 | $5.16 | D | 182,423 | D | |
| Common Stock | Sep 3, 2017 | M | 13,030 | $0.00 | A | 195,453 | D | |
| Common Stock | Sep 3, 2017 | F | 4,897 | $5.16 | D | 190,556 | D | |
| Common Stock | holding | — | — | — | 795,363 | I | By The Ayyappan Living Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | — | Sep 2, 2017 | M | 17,083 | D | — | — | Common Stock | 17,083 | 51,250 | D |
| Restricted Stock UnitsF3,F5 | — | Sep 3, 2017 | M | 13,030 | D | — | — | Common Stock | 9,690 | 65,149 | D |
Explanation of responses
- F1These shares were acquired under the Issuer's Employee Stock Purchase Plan in transactions that were exempt under Rule 16b-3(c).
- F2Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. No shares have been sold. All of the shares reported as disposed on this Form 4 are withheld by the Issuer to satisfy federal and state tax withholding obligations of the Reporting Person resulting from the vesting of restricted stock units.
- F3Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- F4The restricted stock units vest over three years in six equal installments every 6 months commencing on September 2, 2016. Shares of the Issuer's common stock will be delivered to the reporting person upon vesting.
- F5The restricted stock units vest over three years in six equal installments every 6 months commencing on September 3, 2017. Shares of the Issuer's common stock will be delivered to the reporting person upon vesting.