SEC Form 4 · accession 0001140361-16-079841
Nimble Storage Inc · NMBL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Suresh Vasudevan
Officer — Chief Executive Officer · Director
Period of report
Sep 12, 2016
Accepted (ET)
Sep 14, 2016 · 7:10 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001452751
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Sep 12, 2016 | S | 22,773 | $7.7573 | D | 1,048,972 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of certain restricted stock units. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
- F2The reported price is a weighted average sale price for multiple sale transactions ranging from a low sale price of $7.56 to a high sale price of $7.94. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request from the staff of the Securities and Exchange Commission, the Issuer or a stockholder of the Issuer.