SEC Form 4 · accession 0001209191-19-005066
SendGrid, Inc. · SEND
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Tognetti
Officer — SVP, General Counsel and Sec.
Period of report
Jan 22, 2019
Accepted (ET)
Jan 23, 2019 · 8:30 pm EST
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 | Jan 22, 2019 | S | 23,879 | $48.0094 | D | 253,046 | D | |
| Common StockF3,F1 | Jan 22, 2019 | S | 49,899 | $49.117 | D | 203,147 | D | |
| Common StockF4,F1,F5 | Jan 22, 2019 | S | 6,144 | $49.7016 | D | 197,985 | 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 $47.53 to $48.53, 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.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.55 to $49.55, 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.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.56 to $50.01, 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.
- F5Includes 982 shares acquired under the SendGrid, Inc. 2017 Employee Stock Purchase Plan on January 18, 2019.