SEC Form 4 · accession 0001209191-18-049325
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 30, 2018
Accepted (ET)
Sep 4, 2018 · 6:26 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 | Aug 30, 2018 | S | 1,201 | $38.20 | D | 44,054 | D | |
| Class A Common StockF3 | Sep 4, 2018 | M | 2,083 | $0.00 | A | 46,137 | D | |
| Class A Common StockF4 | Sep 4, 2018 | M | 521 | $0.00 | A | 46,658 | D | |
| Class A Common StockF5 | Sep 4, 2018 | M | 313 | $0.00 | A | 46,971 | D | |
| Class A Common StockF6 | Sep 4, 2018 | M | 1,458 | $0.00 | A | 48,429 | D | |
| Class A Common StockF7 | Sep 4, 2018 | M | 2,018 | $0.00 | A | 50,447 | D | |
| Class A Common StockF8,F2 | Sep 4, 2018 | S | 6,393 | $38.4581 | D | 44,054 | 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)F9 | $12.64 | Sep 4, 2018 | M | 2,083 | D | — | Sep 29, 2024 | Class A Common Stock | 2,083 | 2,084 | D |
| Stock Option (right to buy)F10 | $13.55 | Sep 4, 2018 | M | 521 | D | — | Feb 19, 2025 | Class A Common Stock | 521 | 3,646 | D |
| Stock Option (right to buy)F11 | $13.99 | Sep 4, 2018 | M | 313 | D | — | May 6, 2025 | Class A Common Stock | 313 | 2,500 | D |
| Stock Option (right to buy)F12 | $14.31 | Sep 4, 2018 | M | 1,458 | D | — | Nov 5, 2025 | Class A Common Stock | 1,458 | 32,814 | D |
| Stock Option (right to buy)F13 | $14.04 | Sep 4, 2018 | M | 2,018 | D | — | May 12, 2027 | Class A Common Stock | 2,018 | 22,207 | D |
Explanation of responses
- F1The 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.
- F101/4th 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.
- F111/4th 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.
- F121/8th 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.
- F131/4th of the shares subject to the option became vested and exercisable on May 15, 2018 and 1/16th of the remaining shares vest quarterly thereafter over the following three years, subject to the Reporting Person's continued service through each vesting date.
- F2Includes 44,054 RSUs that represent contingent rights to receive 44,054 shares of the Issuer's Class A Common Stock upon settlement.
- F3Includes 44,054 RSUs that represent contingent rights to receive 44,054 shares of the Issuer's Class A Common Stock upon settlement and 2,083 shares of Class A Common Stock.
- F4Includes 44,054 RSUs that represent contingent rights to receive 44,054 shares of the Issuer's Class A Common Stock upon settlement and 2,604 shares of Class A Common Stock.
- F5Includes 44,054 RSUs that represent contingent rights to receive 44,054 shares of the Issuer's Class A Common Stock upon settlement and 2,917 shares of Class A Common Stock.
- F6Includes 44,054 RSUs that represent contingent rights to receive 44,054 shares of the Issuer's Class A Common Stock upon settlement and 4,375 shares of Class A Common Stock.
- F7Includes 44,054 RSUs that represent contingent rights to receive 44,054 shares of the Issuer's Class A Common Stock upon settlement and 6,393 shares of Class A Common Stock.
- F8The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.21 to $38.79. 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.
- F91/4th 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.
Remarks
Executive Vice President, Corporate Development, General Counsel and Secretary