SEC Form 4 · accession 0001209191-18-045920
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
Aug 6, 2018
Accepted (ET)
Aug 8, 2018 · 6:50 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 StockF2,F1,F3 | Aug 6, 2018 | S | 8,045 | $29.2561 | D | 324,313 | D | |
| Common StockF4,F1,F3 | Aug 6, 2018 | S | 288 | $29.5235 | D | 324,025 | D | |
| Common StockF5,F1,F3 | Aug 8, 2018 | S | 8,333 | $30.0108 | D | 315,692 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares of Common Stock were sold pursuant to a 10b5-1 plan.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.51 to $29.47, inclusive. The reporting person undertakes to provide to the issuer, any security holder of issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote to this Form 4.
- F3Includes 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.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.52 to $29.53, inclusive. The reporting person undertakes to provide to the issuer, any security holder of issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote to this Form 4.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.00 to $30.05, inclusive. The reporting person undertakes to provide to the issuer, any security holder of issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote to this Form 4.