SEC Form 4 · accession 0001209191-16-135495
LogMeIn, Inc. · LOGM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael K Simon
Director
Period of report
Aug 3, 2016
Accepted (ET)
Aug 4, 2016 · 4:19 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 3, 2016 | M | 50,000 | $40.07 | A | 819,824 | D | |
| Common StockF1 | Aug 3, 2016 | S | 50,000 | $83.934 | D | 769,824 | D | |
| Common StockF2 | 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)F3 | $40.07 | Aug 3, 2016 | M | 50,000 | D | — | Feb 17, 2021 | Common Stock | 50,000 | 50,000 | 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 shares are held in a trust for the benefit of Mr. Simon's children. Mr. Simon is trustee of the trust.
- F325% of the shares subject to this option will vested on February 17, 2012, 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 17, 2015.