SEC Form 4 · accession 0001209191-17-033574
LogMeIn, Inc. · LOGM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Lok
Officer — SVP, Engineering
Period of report
May 16, 2017
Accepted (ET)
May 18, 2017 · 4:09 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 | Feb 3, 2017 | M | 3,261 | — | A | 3,709 | D | |
| Common StockF2 | May 16, 2017 | S | 640 | $116.05 | D | 3,069 | 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 | — | Feb 3, 2017 | F | 1,964 | D | — | — | Common Stock | 1,964 | 3,261 | D |
| Restricted Stock UnitsF5,F1,F3 | — | Feb 3, 2017 | M | 3,261 | D | — | — | Common Stock | 3,261 | 0 | 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.
- F3Represents shares received upon vesting of a restricted stock unit award issued by the Issuer in substitution of a Citrix Systems, Inc. RSU award previously received by the Reporting Person, pursuant to the terms of the Agreement and Plan of Merger dated as of July 26, 2016, as amended, by and among the Issuer, Lithium Merger Sub, Inc., Citrix Systems, Inc. and GetGo, Inc.
- 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.