SEC Form 4 · accession 0001209191-15-046643
LogMeIn, Inc. · LOGM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrence M. D'Angelo
Officer — SVP, Sales
Period of report
May 21, 2015
Accepted (ET)
May 26, 2015 · 4:08 pm EDT
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 StockF1 | May 22, 2015 | M | 2,249 | — | A | 2,249 | D | |
| Common StockF1 | May 23, 2015 | M | 6,750 | — | A | 8,999 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | May 21, 2015 | A | 15,000 | A | — | May 21, 2025 | Common Stock | 15,000 | 15,000 | D |
| Restricted Stock UnitsF4,F1,F3 | — | May 22, 2015 | F | 1,084 | D | — | May 22, 2024 | Common Stock | 1,084 | 8,916 | D |
| Restricted Stock UnitsF5,F1,F3 | — | May 22, 2015 | M | 2,249 | D | — | May 22, 2024 | Common Stock | 2,249 | 6,667 | D |
| Restricted Stock UnitsF4,F1,F6 | — | May 23, 2015 | F | 3,250 | D | — | May 23, 2023 | Common Stock | 3,250 | 16,750 | D |
| Restricted Stock UnitsF5,F1,F6 | — | May 23, 2015 | M | 6,750 | D | — | May 23, 2023 | Common Stock | 6,750 | 10,000 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- F2The restricted stock units shall vest in three equal installments over a three-year period commencing on the first anniversary of the date of grant so that 100% of the restricted stock units will be vested as of May 21, 2018. These restricted stock units also provide for accelerated vesting in the event that the Reporting Person's employment is terminated in connection with an acquisition of the Issuer.
- F3The restricted stock units vest in three equal installments over a three-year period commencing on the first anniversary of the date of grant so that 100% of the restricted stock units will be vested as of May 22, 2017. Vested shares will be delivered to the reporting person within five business days after such shares have become vested.
- F4The shares of common stock underlying the restricted stock units reported as disposed herein were retained (but not issued) by the Issuer in satisfaction of tax withholding obligations associated with the vesting of such units.
- F5The restricted stock units reported as disposed herein were settled for shares of the Issuer's common stock.
- F6The restricted stock units vest in three equal installments over a three-year period commencing on the first anniversary of the date of grant so that 100% of the restricted stock units will be vested as of May 23, 2016.