SEC Form 4 · accession 0001209191-18-010176
Apptio Inc · APTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrence Blasko
Officer — Chief Revenue Officer
Period of report
Feb 12, 2018
Accepted (ET)
Feb 14, 2018 · 7:09 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 | Feb 12, 2018 | C | 30,000 | $0.00 | A | 89,981 | D | |
| Class A Common StockF4,F5 | Feb 12, 2018 | S | 30,000 | $25.0707 | D | 59,981 | 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)F6 | $0.72 | Feb 12, 2018 | M | 30,000 | D | — | Sep 16, 2019 | Class B Common Stock | 30,000 | 137,000 | D |
| Class B Common StockF7 | — | Feb 12, 2018 | M | 30,000 | A | — | — | Class A Common Stock | 30,000 | 30,000 | D |
| Class B Common StockF7 | — | Feb 12, 2018 | C | 30,000 | D | — | — | Class A Common Stock | 30,000 | 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 59,400 RSUs that represent contingent rights to receive 59,400 shares of the Issuer's Class A Common Stock upon settlement and 30,581 shares of Class A Common Stock of which 471 shares of Class A Common Stock were purchased by the reporting person under the Issuer's employee stock purchase plan at a purchase price of $14.5690 per share on November 30, 2017.
- F3The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 23, 2017.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.95 to $25.46. 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.
- F5Includes 59,400 RSUs that represent contingent rights to receive 59,400 shares of the Issuer's Class A Common Stock upon settlement and 581 shares of Class A Common Stock.
- F6The option became fully vested and exercisable on September 14, 2013.
- F7Class 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.