SEC Form 4 · accession 0001209191-17-062639
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 22, 2017
Accepted (ET)
Nov 27, 2017 · 8:11 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 22, 2017 | C | 100 | $0.00 | A | 31,450 | D | |
| Class A Common StockF4 | Nov 22, 2017 | S | 100 | $22.50 | D | 31,350 | D | |
| Class A Common StockF5 | Nov 24, 2017 | C | 12,332 | $0.00 | A | 43,682 | D | |
| Class A Common StockF6 | Nov 24, 2017 | C | 16,145 | $0.00 | A | 59,827 | D | |
| Class A Common StockF7 | Nov 24, 2017 | C | 9,375 | $0.00 | A | 69,202 | D | |
| Class A Common StockF8 | Nov 24, 2017 | C | 22,503 | $0.00 | A | 91,705 | D | |
| Class A Common StockF9,F4 | Nov 24, 2017 | S | 60,355 | $22.6483 | 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)F10 | $14.31 | Nov 22, 2017 | M | 100 | D | — | Nov 5, 2025 | Class B Common Stock | 100 | 69,900 | D |
| Class B Common StockF11 | $0.00 | Nov 22, 2017 | M | 100 | A | — | — | Class A Common Stock | 100 | 100 | D |
| Class B Common StockF11 | $0.00 | Nov 22, 2017 | C | 100 | D | — | — | Class A Common Stock | 100 | 0 | D |
| Stock Option (right to buy)F12 | $12.64 | Nov 24, 2017 | M | 12,332 | D | — | Sep 29, 2024 | Class B Common Stock | 12,332 | 22,917 | D |
| Class B Common StockF11 | $0.00 | Nov 24, 2017 | M | 12,332 | A | — | — | Class A Common Stock | 12,332 | 12,332 | D |
| Class B Common StockF11 | $0.00 | Nov 24, 2017 | C | 12,332 | D | — | — | Class A Common Stock | 12,332 | 0 | D |
| Stock Option (right to buy)F13 | $13.55 | Nov 24, 2017 | M | 16,145 | D | — | Feb 19, 2025 | Class B Common Stock | 16,145 | 8,855 | D |
| Class B Common StockF11 | $0.00 | Nov 24, 2017 | M | 16,145 | A | — | — | Class A Common Stock | 16,145 | 16,145 | D |
| Class B Common StockF11 | $0.00 | Nov 24, 2017 | C | 16,145 | D | — | — | Class A Common Stock | 16,145 | 0 | D |
| Stock Option (right to buy)F14 | $13.99 | Nov 24, 2017 | M | 9,375 | D | — | May 6, 2025 | Class B Common Stock | 9,375 | 5,625 | D |
| Class B Common StockF11 | $0.00 | Nov 24, 2017 | M | 9,375 | A | — | — | Class A Common Stock | 9,375 | 9,375 | D |
| Class B Common StockF11 | $0.00 | Nov 24, 2017 | C | 9,375 | D | — | — | Class A Common Stock | 9,375 | 0 | D |
| Stock Option (right to buy)F10 | $14.31 | Nov 24, 2017 | M | 22,503 | D | — | Nov 5, 2025 | Class B Common Stock | 22,503 | 47,397 | D |
| Class B Common StockF11 | $0.00 | Nov 24, 2017 | M | 22,503 | A | — | — | Class A Common Stock | 22,503 | 22,503 | D |
| Class B Common StockF11 | $0.00 | Nov 24, 2017 | C | 22,503 | D | — | — | Class A Common Stock | 22,503 | 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.
- F101/8th of the shares subject to the option became vested and exercisable on May 1, 2017 and 1/96th of the shares subject to the option vest monthly thereafter for the next 36 months. 1/8th of the shares subject to the option became vested and exercisable on September 29, 2017 and 1/96th of the shares subject to the option vest monthly thereafter for the next 36 months.
- F11Class 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.
- F121/4th 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.
- F131/4th of the shares subject to the option became vested and exercisable on April 1, 2016 and 1/48th of the shares subject to the option vest monthly thereafter.
- F141/4th of the shares subject to the option became vested and exercisable on May 1, 2016 and 1/48th of the shares subject to the option vest monthly thereafter.
- F2Includes 31,350 RSUs that represent contingent rights to receive 31,350 shares of the Issuer's Class A Common Stock upon settlement and 100 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.
- F4Includes 31,350 RSUs that represent contingent rights to receive 31,350 shares of the Issuer's Class A Common Stock upon settlement.
- F5Includes 31,350 RSUs that represent contingent rights to receive 31,350 shares of the Issuer's Class A Common Stock upon settlement and 12,332 shares of Class A Common Stock.
- F6Includes 31,350 RSUs that represent contingent rights to receive 31,350 shares of the Issuer's Class A Common Stock upon settlement and 28,477 shares of Class A Common Stock.
- F7Includes 31,350 RSUs that represent contingent rights to receive 31,350 shares of the Issuer's Class A Common Stock upon settlement and 37,852 shares of Class A Common Stock.
- F8Includes 31,350 RSUs that represent contingent rights to receive 31,350 shares of the Issuer's Class A Common Stock upon settlement and 60,355 shares of Class A Common Stock.
- F9The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.50 to $22.81. 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 above.
Remarks
Executive Vice President, Corporate Development, General Counsel and Secretary