SEC Form 4 · accession 0001477200-17-000017
Rocket Fuel Inc. · FUEL
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
Emmett Randolph Wootton III
Officer — Chief Executive Officer · Director
Period of report
Feb 7, 2017
Accepted (ET)
Feb 9, 2017 · 5:36 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001477200
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $2.31 | Feb 7, 2017 | A | 230,000 | A | — | Feb 7, 2027 | Common Stock | 230,000 | 230,000 | D |
| Performance Stock UnitF2 | — | Feb 7, 2017 | A | 230,000 | A | — | Feb 7, 2020 | Common Stock | 230,000 | 230,000 | D |
Explanation of responses
- F1One-half of the shares subject to the option vest and become exercisable on February 1, 2018 and one-half of the shares vest and become exercisable on February 1, 2019, subject to Reporting Person's continued service to Issuer as of each such date.
- F2Each Performance Stock Unit ("PSU") represents a contingent right to receive one share of Issuer's common stock. One-half of the shares subject to the PSUs will be earned when the average closing price of Issuer's common stock is at or above $4 per share for a period of 30 calendar days, and an additional one-half of such shares will be earned when the average closing price of Issuer's common stock is at or above $6 per share for a period of 30 calendar days. Any shares earned will then vest on the 18-month anniversary of the date such shares were earned, subject to Reporting Person's continued service to Issuer as of each such date.