SEC Form 4 · accession 0001209191-15-008070
Nimble Storage Inc · NMBL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Umesh Maheshwari
Officer — Chief Technology Officer
Period of report
Jan 28, 2015
Accepted (ET)
Jan 30, 2015 · 9:25 pm EST
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 Stock | Mar 11, 2014 | G | 80,000 | $0.00 | D | 4,265,883 | D | |
| Common Stock | Sep 30, 2014 | G | 1,000 | $0.00 | D | 4,264,883 | D | |
| Common StockF2 | Jan 28, 2015 | S | 12,000 | $22.294 | D | 4,252,883 | D | |
| Common StockF3 | Jan 29, 2015 | S | 12,000 | $22.0697 | D | 4,240,883 | D | |
| Common StockF4,F5 | Jan 28, 2015 | S | 4,000 | $22.2961 | D | 1,240,000 | I | See Footnote |
| Common StockF6,F5 | Jan 29, 2015 | S | 4,000 | $22.0689 | D | 1,236,000 | I | See Footnote |
| Common StockF7 | Jan 28, 2015 | A | 69,767 | $0.00 | A | 4,310,650 | D | |
| Common StockF8 | Jan 28, 2015 | A | 46,512 | $0.00 | A | 4,357,162 | D | |
| Common StockF9 | Jan 28, 2015 | A | 155,038 | $0.00 | A | 4,512,200 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 30, 2014.
- F2The reported price is a weighted average sale price for multiple sale transactions ranging from a low sale price of $22.00 to a high sale price of $22.79. 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.
- F3The reported price is a weighted average sale price for multiple sale transactions ranging from a low sale price of $21.74 to a high sale price of $22.35. 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.
- F4The reported price is a weighted average sale price for multiple sale transactions ranging from a low sale price of $22.00 to a high sale price of $22.80. 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.
- F5Held directly by The Maheshwari Children's Trust. The reporting person has shared voting and investment control over these shares.
- F6The reported price is a weighted average sale price for multiple sale transactions ranging from a low sale price of $21.75 to a high sale price of $22.32. 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.
- F7Each restricted stock unit represents a right to receive one share of the Issuer's common stock. One-eighth (1/8th) of the restricted stock units will vest on September 10, 2015, and one-eighth (1/8th) of the restricted stock units vest every six months thereafter.
- F8Each performance stock unit represents a right to receive up to two shares of the Issuer's common stock, and this grant will vest upon the satisfaction of both time-based and performance based requirements. One-fourth (1/4th) of the performance stock units will vest on the first trading day in an open window after March 9, 2016 based on certain performance-based metrics, and if the first one-fourth (1/4th) vests then one-eighth (1/8th) of the performance stock units vest every six months thereafter.
- F9Each restricted stock unit represents a right to receive one share of the Issuer's common stock. One-half (1/2) of the restricted stock units will vest on March 10, 2017, and the remaining one-half (1/2) of the restricted stock units will vest on March 10, 2018.