SEC Form 4 · accession 0001209191-18-011073
Apptio Inc · APTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sachin Gupta
Officer — See Remarks · Director · 10% Owner
Period of report
Feb 14, 2018
Accepted (ET)
Feb 16, 2018 · 7:18 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 14, 2018 | C | 18,400 | $0.00 | A | 71,577 | D | |
| Class A Common StockF4,F5 | Feb 14, 2018 | S | 18,400 | $25.1974 | D | 53,177 | D | |
| Class A Common StockF6 | Feb 14, 2018 | C | 21,600 | $0.00 | A | 21,600 | I | See footnote |
| Class A Common StockF7,F6 | Feb 14, 2018 | S | 21,600 | $25.201 | D | 0 | I | See footnote |
| Class A Common StockF8 | Feb 15, 2018 | C | 18,400 | $0.00 | A | 71,577 | D | |
| Class A Common StockF9,F10 | Feb 15, 2018 | S | 9,500 | $26.0118 | D | 62,077 | D | |
| Class A Common StockF11,F5 | Feb 15, 2018 | S | 8,900 | $26.6306 | D | 53,177 | D | |
| Class A Common StockF6 | Feb 15, 2018 | C | 21,600 | $0.00 | A | 21,600 | I | See footnote |
| Class A Common StockF12,F6 | Feb 15, 2018 | S | 10,701 | $26.0129 | D | 10,899 | I | See footnote |
| Class A Common StockF13,F6 | Feb 15, 2018 | S | 10,899 | $26.6181 | D | 0 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common StockF14 | $0.00 | Feb 14, 2018 | C | 18,400 | D | — | — | Class A Common Stock | 18,400 | 4,205,452 | D |
| Class B Common StockF6,F14 | $0.00 | Feb 14, 2018 | C | 21,600 | D | — | — | Class A Common Stock | 21,600 | 656,988 | I |
| Class B Common StockF14 | $0.00 | Feb 15, 2018 | C | 18,400 | D | — | — | Class A Common Stock | 18,400 | 4,187,052 | D |
| Class B Common StockF6,F14 | $0.00 | Feb 15, 2018 | C | 21,600 | D | — | — | Class A Common Stock | 21,600 | 635,388 | I |
Explanation of responses
- F1Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the reporting person.
- F10Includes 52,800 RSUs that represent contingent rights to receive 52,800 shares of the Issuer's Class A Common Stock upon settlement and 9,277 shares of Class A Common Stock.
- F11The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.32 to $26.9150.
- F12The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.30 to $26.29.
- F13The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.30 to $26.91.
- F14Class 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.
- F2Includes 52,800 RSUs that represent contingent rights to receive 52,800 shares of the Issuer's Class A Common Stock upon settlement and 18,777 shares of Class A Common Stock. It was previously reported that 754 shares of Class A common stock 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, but that number was overstated by 377 shares.
- F3The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 6, 2017.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.84 to $25.34. 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), (7), (9), (11), (12) and (13) to this Form 4.
- F5Includes 52,800 RSUs that represent contingent rights to receive 52,800 shares of the Issuer's Class A Common Stock upon settlement and 377 shares of Class A Common Stock.
- F6These shares are held of record by PG GRAT of 2016.
- F7The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.82 to $25.36.
- F8Includes 52,800 RSUs that represent contingent rights to receive 52,800 shares of the Issuer's Class A Common Stock upon settlement and 18,777 shares of Class A Common Stock.
- F9The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.31 to $26.30.
Remarks
President and Chief Executive Officer