SEC Form 4 · accession 0000905718-15-000340
Diligent Corp · DIL.NZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alessandro Sodi
Officer — Founder/C. Prod. Strat. Off. · Director
Period of report
Mar 31, 2015
Accepted (ET)
Apr 1, 2015 · 7:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001433269
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 31, 2015 | A | 225,000 | $0.00 | A | 4,705,415 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The award represents a grant of 225,000 restricted stock units ("RSUs") pursuant to the employment agreement between the reporting person and the issuer. Subject to the terms of the grant agreement, the RSUs vest in 4 equal installments beginning March 31, 2016. Each RSU will automatically convert into one share of common stock on the date that it becomes vested.