SEC Form 4 · accession 0001209191-18-046283
Apptio Inc · APTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John C Morrow
Officer — See Remarks
Period of report
Aug 8, 2018
Accepted (ET)
Aug 10, 2018 · 5:36 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 StockF1 | Aug 8, 2018 | M | 4,167 | $0.00 | A | 50,180 | D | |
| Class A Common StockF2 | Aug 8, 2018 | M | 1,042 | $0.00 | A | 51,222 | D | |
| Class A Common StockF3 | Aug 8, 2018 | M | 625 | $0.00 | A | 51,847 | D | |
| Class A Common StockF4 | Aug 8, 2018 | M | 2,916 | $0.00 | A | 54,763 | D | |
| Class A Common StockF6,F7 | Aug 8, 2018 | S | 8,750 | $36.8433 | D | 46,013 | 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)F8 | $12.64 | Aug 8, 2018 | M | 4,167 | D | — | Sep 29, 2024 | Class A Common Stock | 4,167 | 4,167 | D |
| Stock Option (right to buy)F9 | $13.55 | Aug 8, 2018 | M | 1,042 | D | — | Feb 19, 2025 | Class A Common Stock | 1,042 | 4,167 | D |
| Stock Option (right to buy)F10 | $13.99 | Aug 8, 2018 | M | 625 | D | — | May 6, 2025 | Class A Common Stock | 625 | 2,813 | D |
| Stock Option (right to buy)F11 | $14.31 | Aug 8, 2018 | M | 2,916 | D | — | Nov 5, 2025 | Class A Common Stock | 2,916 | 34,272 | D |
Explanation of responses
- F1Includes 46,013 RSUs that represent contingent rights to receive 46,013 shares of the Issuer's Class A Common Stock upon settlement and 4,167 shares of Class A Common Stock.
- F101/4th of the shares subject to the option became vested and exercisable on May 1, 2016 and 1/48th of the shares subject to the option vest monthly thereafter.
- F111/8th of the shares subject to the option became vested and exercisable on May 1, 2017 and 1/96th of the shares subject to the option vest monthly thereafter for the next 36 months. 1/8th of the shares subject to the option became vested and exercisable on September 29, 2017 and 1/96th of the shares subject to the option vest monthly thereafter for the next 36 months.
- F2Includes 46,013 RSUs that represent contingent rights to receive 46,013 shares of the Issuer's Class A Common Stock upon settlement and 5,209 shares of Class A Common Stock.
- F3Includes 46,013 RSUs that represent contingent rights to receive 46,013 shares of the Issuer's Class A Common Stock upon settlement and 5,834 shares of Class A Common Stock.
- F4Includes 46,013 RSUs that represent contingent rights to receive 46,013 shares of the Issuer's Class A Common Stock upon settlement and 8,750 shares of Class A Common Stock.
- F5The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 21, 2018.
- F6The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.58 to $37.08. 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.
- F7Includes 46,013 RSUs that represent contingent rights to receive 46,013 shares of the Issuer's Class A Common Stock upon settlement.
- F81/4th of the shares subject to the option became vested and exercisable on September 22, 2015 and 1/48th of the shares subject to the option vest monthly thereafter.
- F91/4th of the shares subject to the option became vested and exercisable on April 1, 2016 and 1/48th of the shares subject to the option vest monthly thereafter.
Remarks
Executive Vice President, Corporate Development, General Counsel and Secretary