SEC Form 4 · accession 0001209191-16-150959
Alarm.com Holdings, Inc. · ALRM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steve Valenzuela
Officer — Chief Financial Officer
Period of report
Nov 15, 2016
Accepted (ET)
Nov 17, 2016 · 5:38 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001459200
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Nov 15, 2016 | A | 35,842 | $0.00 | A | 35,842 | 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 | $27.90 | Nov 15, 2016 | A | 65,000 | A | — | Nov 14, 2026 | Common Stock | 65,000 | 65,000 | D |
Explanation of responses
- F1This security represents restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer.
- F2These shares shall vest as follows: 40% of the restricted stock units shall vest on each of November 15, 2018 and November 15, 2020; the final 20% of the restricted stock units shall vest on November 15, 2021, subject to the Reporting Person providing continuous service to the Issuer as of each such vesting date.
- F320% of the shares underlying the option shall vest and become exercisable on November 15, 2017; the remainder of the shares underlying the option shall vest and become exercisable ratably on a monthly basis over the following four (4) years on the first day of each month beginning on December 1, 2017, subject to the Reporting Person's continuous service with the Issuer as of each such date.