SEC Form 4 · accession 0001209191-15-066569
LogMeIn, Inc. · LOGM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Donahue
Officer — SVP and General Counsel
Period of report
Aug 18, 2015
Accepted (ET)
Aug 18, 2015 · 4:33 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 | Aug 16, 2015 | M | 5,290 | — | A | 6,290 | D | |
| Common StockF2 | Aug 18, 2015 | S | 3,790 | $71.1076 | D | 2,500 | 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 UnitsF4,F1,F3 | — | Aug 16, 2015 | F | 4,710 | D | — | Aug 16, 2023 | Common Stock | 4,710 | 15,290 | D |
| Restricted Stock UnitsF5,F1,F3 | — | Aug 16, 2015 | M | 5,290 | D | — | Aug 16, 2023 | Common Stock | 5,290 | 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.88 to $71.30, 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 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 August 16, 2016. 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.