SEC Form 4 · accession 0001209191-17-032787
Apptio Inc · APTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kurt Shintaffer
Officer — Chief Financial Officer
Period of report
May 12, 2017
Accepted (ET)
May 16, 2017 · 5:13 pm EDT
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,F3 | May 12, 2017 | A | 46,200 | $0.00 | A | 46,577 | 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)F4 | $14.04 | May 12, 2017 | A | 47,600 | A | — | May 12, 2027 | Class A Common Stock | 47,600 | 47,600 | D |
Explanation of responses
- F1Each share is represented by a restricted stock unit (RSU) that represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
- F21/4th of the RSUs will vest on May 15, 2018 and 1/16th of the remaining RSUs vest quarterly thereafter over the following three years, subject to the Reporting Person's continued service through each vesting date.
- F3Includes 46,200 RSUs that represent contingent rights to receive 46,200 shares of the Issuer's Class A Common Stock upon settlement and 377 shares of Class A common stock that were received by the Reporting Person in the first quarter of 2017 pursuant to a pro rata distribution of shares by an investment fund, in which the Reporting Person had an ownership interest.
- F41/4th of the shares subject to the option shall become vested and exercisable on May 15, 2018 and 1/16th of the remaining shares vest quarterly thereafter over the following three years, subject to the Reporting Person's continued service through each vesting date.