SEC Form 4 · accession 0001209191-15-052725
LogMeIn, Inc. · LOGM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael K Simon
Officer — CEO and Secretary · Director
Period of report
Jun 10, 2015
Accepted (ET)
Jun 12, 2015 · 4:01 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 Stock | Jun 10, 2015 | M | 10,000 | $1.25 | A | 714,342 | D | |
| Common StockF1,F2 | Jun 10, 2015 | S | 5,309 | $64.5105 | D | 709,033 | D | |
| Common StockF1,F3 | Jun 10, 2015 | S | 4,691 | $65.0727 | D | 704,342 | D | |
| Common Stock | Jun 11, 2015 | M | 20,000 | $9.65 | A | 724,342 | D | |
| Common StockF1,F4 | Jun 11, 2015 | S | 19,900 | $64.3309 | D | 704,442 | D | |
| Common StockF1,F5 | Jun 11, 2015 | S | 100 | $64.87 | D | 704,342 | D | |
| Common StockF6 | holding | — | — | — | 42,700 | I | The Simon Family Children's Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Purchase)F7 | $1.25 | Jun 10, 2015 | M | 10,000 | D | — | Jan 24, 2017 | Common Stock | 10,000 | 0 | D |
| Stock Options (Right to Purchase)F8 | $9.65 | Jun 11, 2015 | M | 20,000 | D | — | Nov 21, 2017 | Common Stock | 20,000 | 80,000 | 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 $63.87 to $64.86, 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 $64.87 to $65.5163, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.86 to $64.82, 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.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.87 to $64.87, 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.
- F6The shares are held in trust for the benefit of Mr. Simon's children. Mr. Simon is trustee of the trust.
- F7Vesting of the shares subject to the option commenced upon the achievement of certain performance objectives, all of which were achieved in connection with the Issuer's 2009 IPO
- F8The shares subject to the option vest in four equal annual installments beginning on November 9, 2008, such that 100% of the shares subject to the option will be fully vested on November 9, 2011.