SEC Form 4 · accession 0001209191-18-031180
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 15, 2018
Accepted (ET)
May 17, 2018 · 7:03 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,F3 | May 15, 2018 | S | 3,671 | $30.1975 | D | 56,310 | D | |
| Class A Common StockF4,F5,F6 | May 16, 2018 | A | 34,000 | $0.00 | A | 90,310 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares sold to pay withholding taxes due in connection with the vesting of certain restricted stock units on May 15, 2018, as required by the terms of the 2016 Equity Incentive Plan and related agreements.
- F2The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.15 to $30.30. 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.
- F3Includes 55,729 RSUs that represent contingent rights to receive 55,729 shares of the Issuer's Class A Common Stock upon settlement and 581 shares of Class A Common Stock.
- F4Each share is represented by a restricted stock unit (RSU) that represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
- F51/4th of the RSUs will vest on May 16, 2019 and 1/16th of the remaining RSUs vest quarterly thereafter over the following three years, subject to the Reporting Person's continued service through each vesting date.
- F6Includes 89,729 RSUs that represent contingent rights to receive 89,729 shares of the Issuer's Class A Common Stock upon settlement and 581 shares of Class A Common Stock.