SEC Form 4 · accession 0001509432-15-000019
RPX Corp · RPXC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mallun Yen
Officer — Executive Vice President
Period of report
Feb 19, 2015
Accepted (ET)
Feb 23, 2015 · 7:21 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001509432
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 19, 2015 | M | 50,000 | $6.63 | A | 78,721 | D | |
| Common StockF1 | Feb 19, 2015 | S | 50,000 | $14.1952 | D | 28,721 | D | |
| Common Stock | Feb 20, 2015 | M | 4,688 | $0.00 | A | 33,409 | D | |
| Common Stock | Feb 20, 2015 | F | 1,762 | $14.10 | D | 31,647 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $6.63 | Feb 19, 2015 | M | 50,000 | D | — | Nov 15, 2020 | Common Stock | 50,000 | 354,685 | D |
| Restricted Stock UnitsF3,F4 | — | Feb 20, 2015 | M | 4,688 | D | — | — | Common Stock | 4,688 | 56,250 | D |
Explanation of responses
- F1The price reported in column 4 is the weighted average price. The shares were sold in multiple transactions ranging from $14.10 to $14.275, inclusive. The Reporting Person hereby undertakes to provide to the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
- F2The option representing the right to purchase a total of 700,000 shares vests as follows: 1/4th of the shares subject to the option vest on November 1, 2011, subject to the Reporting Person's continuous service with the Issuer through such date, and with respect to 1/48th of the shares subject to the option vest when the Reporting Person completes each month of continuous service thereafter.
- F3Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock. The units were awarded at no cost to Reporting Person.
- F46.25% of the 75,000 stock units subject to the award vest on May 20, 2014 and 6.25% of the shares subject to the award vest in equal quarterly installments thereafter, provided that Reporting Person remains in continuous service through each vest date. The quarterly vest dates are February 20, May 20, August 20 and November 20.