SEC Form 4 · accession 0001209191-15-010963
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
Feb 4, 2015
Accepted (ET)
Feb 9, 2015 · 5:59 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 | Feb 4, 2015 | A | 139,427 | $0.00 | A | 832,882 | D | |
| Common StockF2 | Feb 4, 2015 | A | 92,951 | $0.00 | A | 925,833 | D |
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.