SEC Form 4 · accession 0001209191-15-016645
LogMeIn, Inc. · LOGM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven J. Benson
Director · 10% Owner
Period of report
Feb 18, 2015
Accepted (ET)
Feb 20, 2015 · 4:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001420302
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 18, 2015 | M | 30,000 | $31.24 | A | 30,000 | D | |
| Common StockF1,F2 | Feb 18, 2015 | S | 20,527 | $52.2421 | D | 9,473 | D | |
| Common StockF1,F3 | Feb 18, 2015 | S | 9,473 | $52.8309 | D | 0 | 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)F4 | $31.24 | Feb 18, 2015 | M | 30,000 | D | — | May 24, 2022 | Common Stock | 30,000 | 0 | D |
Explanation of responses
- F1Sales made pursuant to a 10(b)5-1 plan adopted by the Reporting Person in accordance with Rule 10(b)5-1 of the Securities Exchange Act of 1934, as amended.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.53 to $52.51, inclusive. Upon the request of any security holder of the Issuer, or the staff of the Securities and Exchange Commission, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4 shall be provided.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.53 to $53.02, inclusive. Upon the request of any security holder of the Issuer, or the staff of the Securities and Exchange Commission, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4 shall be provided.
- F4The shares subject to the option vest in eight equal installments every three months beginning on May 24, 2012, so long as the Reporting Person continues to serve as a director of the Issuer on such dates, such that 100% of the shares subject to the option will be fully vested on May 24, 2014.