SEC Form 4 · accession 0000899243-18-012811
Apptio Inc · APTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter S Klein
Director
Period of report
May 10, 2018
Accepted (ET)
May 14, 2018 · 9:20 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 | $9.01 | May 10, 2018 | J | 88,127 | D | — | Nov 7, 2023 | Class B Common Stock | 88,127 | 0 | D |
| Stock Option (right to buy)F2 | $9.01 | May 10, 2018 | J | 88,127 | A | — | Nov 7, 2023 | Class A Common Stock | 88,127 | 88,127 | D |
| Stock Option (right to buy)F3 | $14.31 | May 10, 2018 | J | 30,000 | D | — | Nov 5, 2025 | Class B Common Stock | 30,000 | 0 | D |
| Stock Option (right to buy)F3 | $14.31 | May 10, 2018 | J | 30,000 | A | — | Nov 5, 2025 | Class A Common Stock | 30,000 | 30,000 | 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 November 8, 2017.
- F31/3rd of the shares subject to the option shall become vested on September 29, 2017 and 1/36th of the shares subject to the option shall vest monthly thereafter for the next 24 months. The option is subject to an early exercise right and may be exercised in full prior to the vesting of the shares underlying the option, subject to the issuer's right of repurchase.