SEC Form 4 · accession 0000899243-18-012803
Apptio Inc · APTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher Pick
Officer — Chief Marketing Officer
Period of report
May 10, 2018
Accepted (ET)
May 14, 2018 · 9:15 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001419625
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2 | $8.95 | May 10, 2018 | J | 27,034 | D | — | Jun 14, 2023 | Class B Common Stock | 27,034 | 0 | D |
| Stock Option (right to buy)F2 | $8.95 | May 10, 2018 | J | 27,034 | A | — | Jun 14, 2023 | Class A Common Stock | 27,034 | 27,034 | D |
| Stock Option (right to buy)F3 | $11.46 | May 10, 2018 | J | 35,000 | D | — | Jun 17, 2024 | Class B Common Stock | 35,000 | 0 | D |
| Stock Option (right to buy)F3 | $11.46 | May 10, 2018 | J | 35,000 | A | — | Jun 17, 2024 | Class A Common Stock | 35,000 | 35,000 | D |
| Stock Option (right to buy)F4 | $13.55 | May 10, 2018 | J | 25,000 | D | — | Feb 19, 2025 | Class B Common Stock | 25,000 | 0 | D |
| Stock Option (right to buy)F4 | $13.55 | May 10, 2018 | J | 25,000 | A | — | Feb 19, 2025 | Class A Common Stock | 25,000 | 25,000 | D |
| Stock Option (right to buy)F5 | $14.31 | May 10, 2018 | J | 70,000 | D | — | Nov 5, 2025 | Class B Common Stock | 70,000 | 0 | D |
| Stock Option (right to buy)F5 | $14.31 | May 10, 2018 | J | 70,000 | A | — | Nov 5, 2025 | Class A Common Stock | 70,000 | 70,000 | D |
| Stock Option (right to buy)F6 | $14.31 | May 10, 2018 | J | 40,000 | D | — | May 26, 2026 | Class B Common Stock | 40,000 | 0 | D |
| Stock Option (right to buy)F6 | $14.31 | May 10, 2018 | J | 40,000 | A | — | May 26, 2026 | Class A Common Stock | 40,000 | 40,000 | D |
Explanation of responses
- F1The Company's Class B Common Stock automatically converted to Class A Common Stock on May 10, 2018, which is the date the Class B Common Stock ceased to represent at least 25% of the Issuer's outstanding common stock, as established in the Issuer's Amended and Restated Certificate of Incorporation. In connection with the conversion, outstanding options to purchase Class B Common Stock issued under the Issuer's 2011 Executive Equity Incentive Plan and 2007 Stock Plan remain unchanged, except that they now represent a right to buy shares of the Issuer's Class A Common Stock.
- F2The option became fully vested and exercisable on May 29, 2017.
- F3The option became fully vested and exercisable on April 1, 2018.
- F41/4th of the shares subject to the option became vested and exercisable on April 1, 2016 and 1/48th of the shares subject to the option vest monthly thereafter.
- F51/8th of the shares subject to the option became vested and exercisable on May 1, 2017 and 1/96th of the shares subject to the option vest monthly thereafter for the next 36 months. 1/8th of the shares subject to the option shall become vested and exercisable on September 29, 2017 and 1/96th of the shares subject to the option shall vest monthly thereafter for the next 36 months.
- F61/4th of the shares subject to the option became vested and exercisable on May 1, 2017 and 1/48th of the shares subject to the option vest monthly thereafter.