SEC Form 4 · accession 0001209191-16-129756
MOBILEIRON, INC. · MOBL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gaurav Garg
Director
Period of report
Jun 23, 2016
Accepted (ET)
Jun 27, 2016 · 6:28 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001470099
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 23, 2016 | A | 54,687 | $0.00 | A | 68,424 | D | |
| Common StockF2 | holding | — | — | — | 422,396 | I | By Partnership | |
| Common StockF3 | holding | — | — | — | 309,181 | I | By Trust | |
| Common StockF4 | holding | — | — | — | 14,208 | I | By Trust | |
| Common StockF5 | holding | — | — | — | 14,208 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares subject to the restricted stock units ("RSUs"). The RSUs will vest fully on June 23, 2017 (the "Vesting Date"), subject to the Director's Continuous Service (as defined in MobileIron's Amended and Restated 2014 Equity Incentive Plan, or, the "Plan") on the Vesting Date; provided that if the Director voluntarily resigns as a Director other than for Cause (as defined in the Plan), then the RSUs will vest as of the effective date of the resignation as to 1/365th of the RSUs multiplied by the number of full days of the Director's service between June 23, 2016 and the effective date of the resignation. In addition, in the event of a Change in Control or a Corporate Transaction (each, as defined in the Plan), any unvested portion of the RSUs will fully vest as of immediately prior to the effective time of such Change in Control or Corporate Transaction, subject to the Director's Continuous Service on the effective date of such Change of Control or Corporate Transaction.
- F2Shares are held directly by Hilltop Family Partners, LP, of which Reporting Person and his spouse are General Partners.
- F3Shares are held directly by Gaurav Garg and Komal Shah Trust U/T/A Dated April 27, 2000, of which Reporting Person is a Co-Trustee.
- F4Shares are held directly by The 2010 Garg/Shah GRAT Number Eleven U/T/A 06/04/10, of which Reporting Person is a Co-Trustee.
- F5Shares are held directly by The 2010 Garg/Shah GRAT Number Twelve U/T/A 06/04/10, of which Reporting Person is a Co-Trustee.