SEC Form 4 · accession 0001209191-15-080391
Jive Software, Inc. · JIVE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeff Lautenbach
Officer — President, Worldwide Field Ops
Period of report
Nov 12, 2015
Accepted (ET)
Nov 16, 2015 · 6:24 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001462633
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 12, 2015 | A | 195,000 | $0.00 | A | 195,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2 | $5.06 | Nov 12, 2015 | A | 95,000 | A | Nov 12, 2015 | Nov 12, 2025 | Common Stock | 95,000 | 95,000 | D |
Explanation of responses
- F1The reported securities represent restricted stock units (each, an "RSU"), and each RSU represents the contingent right to receive one share of JIVE common stock. The RSUs will vest in equal quarterly installments over four years, subject to the Reporting Person's continued service through each vesting date.
- F2The shares subject to the option will vest in equal monthly installments over four years, subject to the Reporting Person's continued service through each vesting date.