SEC Form 4 · accession 0001209191-15-070328
LogMeIn, Inc. · LOGM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marilyn Matz
Director
Period of report
Sep 11, 2015
Accepted (ET)
Sep 11, 2015 · 4:14 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 | Sep 11, 2015 | M | 5,250 | — | A | 5,250 | D | |
| Common StockF2,F3 | Sep 11, 2015 | S | 2,300 | $62.1817 | D | 2,950 | 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,F4 | — | Sep 11, 2015 | M | 5,250 | D | — | Sep 11, 2024 | Common Stock | 5,250 | 5,250 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- F2Sales 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.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.01 to $62.34, 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.
- F4These restricted stock units shall vest in two equal installments over a two year period, with 50% of the restricted stock units that vested on September 11, 2015 and the remaining 50% becoming vested on September 11, 2016, each vesting subject to the Registrant's continued service as a director. These restricted stock units also provide for accelerated vesting in the event of an acquisition of the Issuer.