SEC Form 4 · accession 0001209191-18-029661
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
May 9, 2018
Accepted (ET)
May 11, 2018 · 6:16 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 9, 2018 | C | 29,000 | $0.00 | A | 88,981 | D | |
| Class A Common StockF3 | May 9, 2018 | C | 7,900 | $0.00 | A | 96,881 | D | |
| Class A Common StockF5,F6 | May 9, 2018 | S | 36,900 | $32.0302 | 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)F7 | $0.72 | May 9, 2018 | M | 29,000 | D | — | Sep 16, 2019 | Class B Common Stock | 29,000 | 58,000 | D |
| Class B Common StockF8 | $0.00 | May 9, 2018 | M | 29,000 | A | — | — | Class A Common Stock | 29,000 | 29,000 | D |
| Class B Common StockF8 | $0.00 | May 9, 2018 | C | 29,000 | D | — | — | Class A Common Stock | 29,000 | 0 | D |
| Stock Option (right to buy)F7 | $0.86 | May 9, 2018 | M | 7,900 | D | — | Feb 18, 2020 | Class B Common Stock | 7,900 | 0 | D |
| Class B Common StockF8 | $0.00 | May 9, 2018 | M | 7,900 | A | — | — | Class A Common Stock | 7,900 | 7,900 | D |
| Class B Common StockF8 | $0.00 | May 9, 2018 | C | 7,900 | D | — | — | Class A Common Stock | 7,900 | 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 29,581 shares of Class A Common Stock.
- F3Includes 59,400 RSUs that represent contingent rights to receive 59,400 shares of the Issuer's Class A Common Stock upon settlement and 37,481 shares of Class A Common Stock.
- F4The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 2, 2018.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.82 to $32.42. 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 range set forth above.
- F6Includes 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.
- F7The option became fully vested and exercisable on September 14, 2013.
- F8Class 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.