SEC Form 4 · accession 0001209191-18-044738
SendGrid, Inc. · SEND
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sameer Dholakia
Officer — President and CEO · Director
Period of report
Jul 30, 2018
Accepted (ET)
Aug 1, 2018 · 4:36 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001477425
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jul 30, 2018 | F | 6,198 | $25.18 | D | 332,358 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of Common Stock withheld by the Issuer in satisfaction of its tax withholding obligation with respect to the vesting and settlement of 12,864 previously reported restricted stock units ("RSUs") granted to the Reporting Person.
- F2Includes 25,727 RSUs previously reported as holdings of the Reporting Person. The RSUs will vest, and 12,863 of the shares will be delivered to the Reporting Person on August 29, 2018 and 12,864 of the shares will be delivered to the Reporting Person on September 29, 2018, provided in each case that the Reporting Person's continuous service to the Issuer has not been terminated as defined in or as determined under the Issuer's 2012 Equity Incentive Plan.