SEC Form 4 · accession 0001209191-16-104794
Jive Software, Inc. · JIVE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Philip J Koen
Director
Period of report
Mar 1, 2016
Accepted (ET)
Mar 2, 2016 · 5:57 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 | Mar 1, 2016 | A | 60,606 | $0.00 | A | 60,606 | 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 | $3.30 | Mar 1, 2016 | A | 124,224 | A | Mar 1, 2017 | Mar 1, 2026 | Common Stock | 124,224 | 124,224 | 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. 25% of the total RSU grant will vest on the first anniversary of the grant date, and the remaining RSUs will vest in equal quarterly installments over the next eight quarters, subject to the Reporting Person's continued service through each vesting date.
- F225% of the total shares subject to the option will vest on the first anniversary of the grant date, and the remaining shares will vest in equal quarterly installments over the next eight quarters, subject to the Reporting Person's continued service through each vesting date.