SEC Form 4 · accession 0001209191-17-027462
Gigamon Inc. · GIMO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Hooper
Officer — Chief Executive Officer · Director
Period of report
Apr 17, 2017
Accepted (ET)
Apr 19, 2017 · 4:24 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 StockF1 | Apr 17, 2017 | A | 51,570 | $0.00 | A | 192,232 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance SharesF2 | $0.00 | Apr 17, 2017 | A | 51,570 | A | — | — | Common Stock | 51,570 | 51,570 | D |
Explanation of responses
- F1The reported securities represent shares of restricted stock, 1/16th of which shall vest on May 15, 2017 and 1/16th of which shall vest on the 15th of each of August, November, February and May thereafter.
- F2Each performance share of restricted stock, or Performance Share, will be achieved based on the achievement of certain performance metrics for 2017. The reported Performance Shares reflect the target number and the Reporting Person may ultimately achieve up to 200% of the target number based on achievement of these performance metrics. Any achieved Performance Shares shall vest on February 15, 2018 as to 1/4th upon determination of achievement, with 1/16th of the total number of achieved Performance Shares to vest on the 15th of each of May, August, November and February thereafter.