SEC Form 4 · accession 0001209191-17-036027
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 24, 2017
Accepted (ET)
May 26, 2017 · 6:56 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 StockF2 | May 24, 2017 | C | 101,565 | $0.00 | A | 141,165 | D | |
| Class A Common StockF4,F5 | May 24, 2017 | S | 101,565 | $16.05 | D | 39,600 | D | |
| Class A Common StockF6 | May 25, 2017 | C | 68,435 | $0.00 | A | 108,035 | D | |
| Class A Common StockF7,F5 | May 25, 2017 | S | 68,435 | $16.05 | D | 39,600 | 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)F8 | $1.88 | May 24, 2017 | M | 101,565 | D | — | Sep 15, 2020 | Class B Common Stock | 101,565 | 111,199 | D |
| Class B Common StockF9 | — | May 24, 2017 | M | 101,565 | A | — | — | Class A Common Stock | 101,565 | 101,565 | D |
| Class B Common StockF9 | — | May 24, 2017 | C | 101,565 | D | — | — | Class A Common Stock | 101,565 | 0 | D |
| Stock Option (right to buy)F8 | $1.88 | May 25, 2017 | M | 68,435 | D | — | Sep 15, 2020 | Class B Common Stock | 68,435 | 42,764 | D |
| Class B Common StockF9 | — | May 25, 2017 | M | 68,435 | A | — | — | Class A Common Stock | 68,435 | 68,435 | D |
| Class B Common StockF9 | — | May 25, 2017 | C | 68,435 | D | — | — | Class A Common Stock | 68,435 | 0 | D |
Explanation of responses
- F1Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the reporting person.
- F2Includes 39,600 RSUs that represent contingent rights to receive 39,600 shares of the Issuer's Class A Common Stock upon settlement and 101,565 shares of Class A Common Stock.
- F3The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 1, 2017.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.00 to $16.24. Information regarding the number of shares sold at each price will be provided upon request.
- F5Includes 39,600 RSUs that represent contingent rights to receive 39,600 shares of the Issuer's Class A Common Stock upon settlement.
- F6Includes 39,600 RSUs that represent contingent rights to receive 39,600 shares of the Issuer's Class A Common Stock upon settlement and 68,435 shares of Class A Common Stock.
- F7The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.00 to $16.14. Information regarding the number of shares sold at each price will be provided upon request.
- F8The option became fully vested and exercisable on August 1, 2014.
- F9Class B Common Stock is convertible at any time, at the holder's election, into Class A Common Stock on a one-for-one basis and has no expiration date.