SEC Form 4 · accession 0001509432-16-000204
RPX Corp · RPXC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert H Heath
Officer — Chief Financial Officer, SVP
Period of report
Aug 20, 2016
Accepted (ET)
Aug 23, 2016 · 5:25 pm EDT
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 | Aug 20, 2016 | M | 19,376 | $0.00 | A | 79,437 | D | |
| Common Stock | Aug 20, 2016 | F | 7,284 | $10.68 | D | 72,153 | D | |
| Common StockF1 | Aug 22, 2016 | S | 2,262 | $10.5887 | D | 69,891 | D | |
| Common Stock | Aug 23, 2016 | S | 738 | $10.65 | D | 69,153 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | Aug 20, 2016 | M | 9,376 | D | May 20, 2013 | — | Common Stock | 9,376 | 18,750 | D |
| Restricted Stock UnitsF2,F4 | — | Aug 20, 2016 | M | 2,500 | D | May 20, 2014 | — | Common Stock | 2,500 | 15,000 | D |
| Restricted Stock UnitsF2,F5 | — | Aug 20, 2016 | M | 3,750 | D | May 20, 2015 | — | Common Stock | 3,750 | 37,500 | D |
| Restricted Stock UnitsF2,F5 | $0.00 | Aug 20, 2016 | M | 3,750 | D | May 20, 2016 | — | Common Stock | 3,750 | 52,500 | D |
Explanation of responses
- F1The price reported in column 4 is the weighted average price. The shares were sold in multiple transactions ranging from $10.57 to $10.62, 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.
- F2Each 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.
- F3This represents two (2) awards of 75,000 restricted stock units, totaling 150,000 restricted stock units. 6.25% of the stock units subject to the award vest on this date 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.
- F46.25% of the 40,000 stock units subject to the award vest on this date 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.
- F56.25% of the 60,000 stock units subject to the award vest on this date 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.