SEC Form 4 · accession 0001209191-16-156730
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
Dec 22, 2016
Accepted (ET)
Dec 23, 2016 · 9:40 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 | Dec 22, 2016 | M | 62,535 | $0.5867 | A | 1,111,507 | D | |
| Common StockF2 | Dec 22, 2016 | S | 62,535 | $8.0465 | D | 1,048,972 | D | |
| Common Stock | Dec 23, 2016 | M | 25,065 | $3.74 | A | 1,074,037 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F3 | $0.5867 | Dec 22, 2016 | M | 62,535 | D | — | Mar 8, 2021 | Common Stock | 62,535 | 1,620,000 | D |
| Employee Stock Option (Right to Buy)F4 | $3.74 | Dec 23, 2016 | M | 25,065 | D | — | Mar 31, 2023 | Common Stock | 25,065 | 1,672 | D |
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 14, 2016.
- F2The reported price is a weighted average sale price for multiple sale transactions ranging from a low sale price of $7.99 to a high sale price of $8.17. 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 stock option was fully vested as of February 28, 2015.
- F4The stock option grant shall vest as to 1/4th of the total number of shares on February 26, 2014 and thereafter shall vest as to 1/48th of the total number of shares in equal monthly installments.