SEC Form 4 · accession 0001209191-16-127172
Gigamon Inc. · GIMO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mike Burns
Officer — Chief Financial Officer
Period of report
Jun 9, 2016
Accepted (ET)
Jun 10, 2016 · 6:42 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001484504
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 9, 2016 | M | 12,409 | $11.02 | A | 102,369 | D | |
| Common Stock | Jun 9, 2016 | S | 12,409 | $34.0174 | D | 89,960 | D | |
| Common Stock | Jun 9, 2016 | S | 949 | $31.0109 | D | 89,011 | D | |
| Common StockF2 | Jun 9, 2016 | S | 3,754 | $34.00 | D | 85,257 | D | |
| Common StockF3,F4 | Jun 9, 2016 | S | 3,745 | $34.0245 | D | 81,512 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F5 | $11.02 | Jun 9, 2016 | M | 12,409 | D | — | Jul 29, 2024 | Common Stock | 12,409 | 62,053 | D |
Explanation of responses
- F1The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 27, 2015.
- F2The reported securities represent restricted stock units, or RSUs, 1/16th of which shall vest on May 15, 2015 and 1/16th of which shall vest on the 15th of each August, November, February and May thereafter.
- F3The reported securities represent RSUs, 100% of which were fully vested and exercisable as of November 15, 2015.
- F4The sale price for this transaction in column 4 of Table I represents the weighted average sale price of the shares sold, ranging from $34.00 to $34.10 per share. Upon request by the Commission staff, the Issuer or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- F525% of the option shares vested on July 22, 2015 and the remaining shares vest in 36 equal monthly installments thereafter.