SEC Form 4 · accession 0000899243-16-028630
SecureWorks Corp · SCWX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David W Dorman
Director
Period of report
Sep 7, 2016
Accepted (ET)
Sep 7, 2016 · 6:25 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001468666
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Sep 7, 2016 | D | 13,393 | $0.00 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to Acquire Class A Common StockF2 | $14.00 | Sep 7, 2016 | D | 48,143 | D | — | Apr 21, 2026 | Class A Common Stock | 48,143 | 0 | D |
Explanation of responses
- F1This represents a grant of restricted stock units ("RSUs"). The RSUs vest in full on the first anniversary of April 22, 2016 contingent on the Reporting Person's continuation in service on such vesting date.
- F2The options vest in three equal annual installments on the first, second and third anniversaries of April 22, 2016 contingent on the Reporting Person's continuation in service on each applicable vesting date.
Remarks
The Reporting Person resigned as a director of SecureWorks Corp. effective September 7, 2016. As a result, the Reporting Person is no longer subject to Section 16 in connection with his transactions in the equity securities of SecureWorks Corp. and therefore will no longer report any such transactions on Form 4 and Form 5.