SEC Form 4 · accession 0001441816-18-000105
MongoDB, Inc. · MDB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Bull
Officer — Principal Accounting Officer
Period of report
Oct 2, 2018
Accepted (ET)
Oct 3, 2018 · 6:31 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001441816
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF2 | Oct 2, 2018 | S | 69 | $75.23 | D | 7,865 | D | |
| Class A Common StockF4 | Oct 2, 2018 | C | 5,000 | $0.00 | A | 12,865 | D | |
| Class A Common StockF5 | Oct 2, 2018 | S | 900 | $75.36 | D | 11,965 | D | |
| Class A Common StockF6 | Oct 2, 2018 | S | 4,100 | $75.81 | D | 7,865 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F7 | $6.50 | Oct 2, 2018 | M | 5,000 | D | — | Sep 11, 2023 | Class B Common Stock | 5,000 | 28,885 | D |
| Class B Common StockF4 | $0.00 | Oct 2, 2018 | M | 5,000 | A | — | — | Class A Common Stock | 5,000 | 5,000 | D |
| Class B Common StockF4 | $0.00 | Oct 2, 2018 | C | 5,000 | D | — | — | Class A Common Stock | 5,000 | 0 | D |
Explanation of responses
- F1The transaction reported represents the sale of shares of Class A common stock to satisfy the reporting person's tax withholding obligations in connection with the non-reportable vesting and settlement of restricted stock units. This sale is a non-discretionary "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
- F2The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $75.02 to $75.24, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F3The transactions were pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- F4Each share of Class B Common Stock is convertible at any time at the option of the reporting person into one share of Class A Common Stock and has no expiration date. The Class B Common Stock will convert automatically into Class A Common Stock on the same basis upon the earlier of: (i) any transfer, whether or not for value, except for certain "Permitted Transfers" as defined in the Issuer's restated certificate of incorporation, and (ii) at such time as the outstanding shares of Class B common stock represent less than 10% of the aggregate number of shares of the Issuer's capital stock outstanding.
- F5The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $74.61 to $75.60, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F6The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $75.61 to $76.27, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F7Immediately exercisable and fully vested.