SEC Form 4 · accession 0001209191-18-046106
Apptio Inc · APTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew S McIlwain
Director
Period of report
Aug 7, 2018
Accepted (ET)
Aug 9, 2018 · 8:54 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 | Aug 7, 2018 | S | 18,585 | $37.6321 | D | 35,005 | D | |
| Class A Common StockF3 | Aug 7, 2018 | S | 100 | $38.24 | D | 34,905 | D | |
| Class A Common StockF5,F6 | Aug 7, 2018 | S | 2,500 | $37.6488 | D | 16,191 | I | See footnote |
| Class A Common StockF8 | Aug 8, 2018 | J | 1,049,786 | $0.00 | D | 0 | I | See footnote |
| Class A Common Stock | Aug 8, 2018 | J | 27,276 | $0.00 | A | 62,181 | D | |
| Class A Common StockF6 | Aug 8, 2018 | J | 10,225 | $0.00 | A | 26,416 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 26, 2018, as amended on June 7, 2018.
- F10Acquisition by the McIlwain Family GST Trust, pursuant to the Distribution.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.22 to $38.18. 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 4,649 RSUs that represent contingent rights to receive 4,649 shares of the Issuer's Class A Common Stock upon settlement.
- F4The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 26, 2018.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.25 to $37.99. 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.
- F6Shares held by the McIlwain Family GST Trust.
- F7Represents a pro rata distribution for no consideration to the limited partners and general partners of Madrona III and Madrona III-A (the "Distribution").
- F8Includes 1,009,457 shares held by Madrona Venture Fund III, L.P.("Madrona III") and 40,329 shares held by Madrona Venture Fund III-A, L.P. ("Madrona III-A"). Matthew McIlwain (who is a director of the issuer and files separate section 16(a) reports) is a managing director of the various entities affiliated with Madrona. Madrona Investment Partners III, L.P. is the general partner of Madrona III and Madrona III-A. Mr. McIlwain disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- F9Acquisition by the reporting person, who is a Managing Director of the various entities affiliated with Madrona, pursuant to the Distribution.