SEC Form 4 · accession 0001209191-16-148932
Gigamon Inc. · GIMO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shehzad Merchant
Officer — Chief Technology Officer
Period of report
Nov 7, 2016
Accepted (ET)
Nov 8, 2016 · 6:35 pm EST
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 | Nov 7, 2016 | M | 5,208 | $14.70 | A | 70,876 | D | |
| Common Stock | Nov 7, 2016 | M | 3,125 | $21.44 | A | 74,001 | D | |
| Common Stock | Nov 7, 2016 | M | 9,580 | $30.51 | A | 83,581 | D | |
| Common StockF1 | Nov 7, 2016 | S | 17,913 | $57.1351 | D | 65,668 | 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)F2 | $14.70 | Nov 7, 2016 | M | 5,208 | D | — | Apr 30, 2023 | Common Stock | 5,208 | 8,681 | D |
| Stock Option (right to buy)F3 | $21.44 | Nov 7, 2016 | M | 3,125 | D | — | Feb 17, 2022 | Common Stock | 3,125 | 29,167 | D |
| Stock Option (right to buy)F4 | $30.51 | Nov 7, 2016 | M | 9,580 | D | — | Feb 14, 2024 | Common Stock | 9,580 | 4,791 | D |
Explanation of responses
- F1The sale price for this transaction in column 4 of Table I represents the weighted average sale price of the shares sold, ranging from $57.05 to $57.35 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.
- F225% of the option shares vested on March 29, 2014 and the remaining shares vest in 36 equal monthly installments thereafter.
- F325% of the option shares vested on February 17, 2016 and the remaining shares vest in 36 equal monthly installments thereafter.
- F425% of the option shares vested on February 14, 2015 and the remaining shares vest in 36 equal monthly installments thereafter.
Remarks
All share numbers and per share prices disclosed in this Form 4 give effect to the Issuer's one-for-three reverse stock split completed on May 20, 2013.