SEC Form 4 · accession 0001209191-16-106921
LogMeIn, Inc. · LOGM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael K Simon
Director
Period of report
Mar 7, 2016
Accepted (ET)
Mar 8, 2016 · 4:03 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 | Mar 7, 2016 | M | 50,000 | $18.98 | A | 800,010 | D | |
| Common StockF1,F2 | Mar 7, 2016 | S | 39,332 | $51.3343 | D | 760,678 | D | |
| Common StockF1,F3 | Mar 7, 2016 | S | 10,668 | $51.9007 | D | 750,010 | D | |
| Common StockF4 | 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)F5 | $18.98 | Mar 7, 2016 | M | 50,000 | D | — | Feb 19, 2020 | Common Stock | 50,000 | 54,469 | 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 $50.71 to $51.70, 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 $51.73 to $52.17, 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 are held in a trust for the benefit of Mr. Simon's children. Mr. Simon is trustee of the trust.
- F525% of the shares subject to this option vested on February 19, 2011, and an additional 25% of the shares subject to this option vested annually thereafter, such that 100% of the shares subject to this option were fully vested on February 19, 2014.