SEC Form 4 · accession 0000899243-19-001080
Apptio Inc · APTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter S Klein
Director
Period of report
Jan 10, 2019
Accepted (ET)
Jan 11, 2019 · 9:33 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001419625
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1,F2 | Jan 10, 2019 | D | 13,337 | — | D | 0 | D |
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)F3,F4 | $9.01 | Jan 10, 2019 | D | 48,127 | D | — | Nov 7, 2023 | Common Stock | 48,127 | 0 | D |
| Stock Option (right to buy)F5,F6,F7 | $14.31 | Jan 10, 2019 | D | 30,000 | D | — | Nov 5, 2025 | Common Stock | 30,000 | 0 | D |
Explanation of responses
- F1Includes 4,652 restricted stock units that represent contingent rights to receive 4,652 shares of the Issuer's Class A Common Stock upon settlement, which vested solely as a result of the consummation of the merger agreement between Apptio, Inc., Bellevue Parent, LLC, and Bellevue Merger Sub, Inc. (the "Merger Agreement") and which were cancelled and automatically converted into the right to receive a cash payment of $38.00 per share.
- F2Disposed of pursuant to the Merger Agreement. in exchange for a cash payment of $38.00 per share.
- F3Consists of vested options which vested solely as a result of the consummation of the Merger Agreement, which were cancelled and automatically converted into the right to receive a cash payment of $38.00 per share, less the applicable exercise price of the option, subject to any required withholding of taxes.
- F41/4th of the shares subject to the option became vested on November 8, 2014 and 1/48th of the shares subject to the option vest monthly thereafter. 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.
- F5Includes 22,455 vested options, which as of the consummation of the Merger Agreement were cancelled and automatically converted into the right to received $38.00 per share, less the applicable per share exercise price and subject to any applicable withholding taxes.
- F6Includes 7,545 options, which vested solely as a result of the consummation of the Merger Agreement, which were cancelled and automatically converted into the right to receive a cash payment of $38.00 per share, less the applicable exercise price of the option, subject to any required withholding of taxes.
- F71/3rd 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.