SEC Form 4 · accession 0001612852-15-000004
TUBEMOGUL INC · TUBE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen A Scovic
Officer — Chief Revenue Officer
Period of report
Apr 27, 2015
Accepted (ET)
Apr 29, 2015 · 5:19 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001449278
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Apr 27, 2015 | M | 10,000 | $2.32 | A | 55,349 | D | |
| Common StockF2,F3 | Apr 27, 2015 | S | 10,000 | $15.382 | D | 45,349 | 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)F4 | $2.32 | Apr 27, 2015 | M | 10,000 | D | — | Jun 10, 2023 | Common Stock | 10,000 | 246,897 | D |
Explanation of responses
- F1The reported sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 13, 2015.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.18 to $15.50 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3The Reporting Person's sale of the Issuer's common stock reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, as amended, to the extent of 788 shares, with the Reporting Person's purchase of 788 shares of the Issuer's common stock at a price of $12.708 per share on March 5, 2015. The Reporting Person has made arrangements with the Issuer to disgorge to the Issuer, upon settlement of the sale, $2,200.10 representing the full amount of the profit realized in connection with the short-swing transaction.
- F4Subject to the Reporting Person's continued service to the Issuer, 25% of the shares subject to the option vested on 4/8/2014, and thereafter 1/48th of the shares vest monthly.