SEC Form 4 · accession 0001209191-15-021928
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
Feb 27, 2015
Accepted (ET)
Mar 3, 2015 · 9:37 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,F2 | Feb 27, 2015 | A | 34,055 | $0.00 | A | 391,122 | D | |
| Common StockF3,F4 | Mar 3, 2015 | F | 3,326 | $25.6712 | D | 4,402,947 | 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
- F1On March 9, 2014, the Issuer granted 24,500 performance stock units to the reporting person, which would vest upon the satisfaction of both time-based and performance-based requirements, and each unit represented the right to receive up to two shares of the Issuer's common stock. On February 27, 2014, the Compensation Committee of the Issuer's Board of Directors determined the extent to which the performance-based requirements were met, and that the performance stock units may be settled in the aggregate for up to 34,055 shares of the Issuer's common stock upon satisfaction of the time-based vesting requirements. One fourth (1/4th) of the shares will vest on the first trading day in an open window after March 1, 2015, then one-eighth (1/8th) of the balance of the shares vest every six months thereafter.
- F224,055 of the performance stock units that vested pursuant to footnote 1 were previously reported.
- F3The reported price is a weighted average sale price for multiple sale transactions ranging from a low sale price of $25.661 to a high sale price of $25.68. 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.
- 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.