SEC Form 4 · accession 0001209191-17-061867
Apptio Inc · APTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John C Morrow
Officer — See Remarks
Period of report
Nov 16, 2017
Accepted (ET)
Nov 20, 2017 · 6:38 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 StockF2 | Nov 16, 2017 | C | 6,514 | $0.00 | A | 37,864 | D | |
| Class A Common StockF4,F5 | Nov 16, 2017 | S | 6,514 | $22.5076 | D | 31,350 | D | |
| Class A Common StockF6 | Nov 17, 2017 | C | 21,823 | $0.00 | A | 53,173 | D | |
| Class A Common StockF7,F5 | Nov 17, 2017 | S | 21,823 | $22.5648 | D | 31,350 | 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 | $12.64 | Nov 16, 2017 | M | 6,514 | D | — | Sep 29, 2024 | Class B Common Stock | 6,514 | 57,072 | D |
| Class B Common StockF9 | $0.00 | Nov 16, 2017 | M | 6,514 | A | — | — | Class A Common Stock | 6,514 | 6,514 | D |
| Class B Common StockF9 | $0.00 | Nov 16, 2017 | C | 6,514 | D | — | — | Class A Common Stock | 6,514 | 0 | D |
| Stock Option (right to buy)F8 | $12.64 | Nov 17, 2017 | M | 21,823 | D | — | Sep 29, 2024 | Class B Common Stock | 21,823 | 35,249 | D |
| Class B Common StockF9 | $0.00 | Nov 17, 2017 | M | 21,823 | A | — | — | Class A Common Stock | 21,823 | 21,823 | D |
| Class B Common StockF9 | $0.00 | Nov 17, 2017 | C | 21,823 | D | — | — | Class A Common Stock | 21,823 | 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 31,350 RSUs that represent contingent rights to receive 31,350 shares of the Issuer's Class A Common Stock upon settlement and 6,514 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 Jun 5, 2017.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.50 to $22.57. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (4) and (7) to this Form 4.
- F5Includes 31,350 RSUs that represent contingent rights to receive 31,350 shares of the Issuer's Class A Common Stock upon settlement.
- F6Includes 31,350 RSUs that represent contingent rights to receive 31,350 shares of the Issuer's Class A Common Stock upon settlement and 21,823 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 $22.50 to $22.65.
- F81/4th of the shares subject to the option became vested and exercisable on September 22, 2015 and 1/48th of the shares subject to the option vest monthly thereafter.
- 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.
Remarks
Executive Vice President, Corporate Development, General Counsel and Secretary