SEC Form 4 · accession 0001490660-15-000039
Marketo, Inc. · MKTO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frederick Ball
Officer — SVP & Chief Financial Officer
Period of report
Feb 18, 2015
Accepted (ET)
Feb 20, 2015 · 6:04 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001490660
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Feb 18, 2015 | S | 4,300 | $27.5232 | D | 62,442 | D | |
| Common StockF4 | holding | — | — | — | 32,016 | I | by Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the number of shares sold by the reporting person to cover tax withholding obligations in connection with the vesting of restricted stock units. This sale is mandated by the Issuer's election under its 2013 Equity Incentive Plan to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
- F2This transaction was executed in multiple trades at prices ranging from $27.35 to $27.90. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F3Includes 754 shares of common stock acquired under Marketo's Employee Stock Purchase Plan on 2/17/2015.
- F4The shares are held directly by The 1998 Ball Family Trust for which the Reporting Person serves as trustee.