SEC Form 4 · accession 0001209191-15-008072
Nimble Storage Inc · NMBL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Varun Mehta
Officer — VP Engineering · Director
Period of report
Jan 28, 2015
Accepted (ET)
Jan 30, 2015 · 9:26 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 StockF1 | Jan 28, 2015 | A | 69,767 | $0.00 | A | 180,017 | D | |
| Common StockF2 | Jan 28, 2015 | A | 46,512 | $0.00 | A | 226,529 | D | |
| Common StockF3 | Jan 28, 2015 | A | 155,038 | $0.00 | A | 381,567 | D | |
| Common StockF4 | holding | — | — | — | 4,421,657 | I | See Footnote | |
| Common StockF5 | holding | — | — | — | 600,000 | I | See Footnote | |
| Common StockF6 | holding | — | — | — | 734,616 | I | See Footnote | |
| Common StockF7 | holding | — | — | — | 600,000 | I | See Footnote | |
| Common StockF8 | holding | — | — | — | 734,616 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Each 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.
- F2Each 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.
- F3Each 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.
- F4Held directly by The Mehta Family Trust U/A Dated 11/06/2006. The reporting person has shared voting and investment control over these shares.
- F5Held directly by The Jai Vir Mehta 2012 GST Trust. The reporting person has shared voting and investment control over these shares.
- F6Held directly by The Jai Vir Mehta Trust. The reporting person has shared voting and investment control over these shares.
- F7Held directly by The Kimaya Jia Mehta 2012 GST Trust. The reporting person has shared voting and investment control over these shares.
- F8Held directly by The Kimaya Jia Mehta Trust. The reporting person has shared voting and investment control over these shares.