SEC Form 4 · accession 0001209191-16-123026
Jive Software, Inc. · JIVE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
David B Puglia
Officer — Chief Marketing Officer
Period of report
May 23, 2016
Accepted (ET)
May 24, 2016 · 6:15 pm EDT
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 | May 23, 2016 | A | 62,500 | $0.00 | A | 136,288 | 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 | $3.79 | May 23, 2016 | A | 75,000 | A | — | May 23, 2020 | Common Stock | 75,000 | 75,000 | D |
Explanation of responses
- F1Each share of JIVE common stock is represented by a restricted stock unit ("RSU"). 1/11 of the RSUs will vest quarterly beginning on the first business day on or after August 16, 2016, subject to the Reporting Person's continued service through each vesting date.
- F21/4 of the shares subject to the option will vest upon achievement of certain performance targets based on the Issuer's stock price, subject to the Reporting Person's continued service at each vesting event.