SEC Form 4 · accession 0001509432-16-000219
RPX Corp · RPXC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven S Swank
Officer — Senior Vice President
Period of report
Nov 20, 2016
Accepted (ET)
Nov 22, 2016 · 8:16 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 | Nov 20, 2016 | M | 10,311 | $0.00 | A | 14,212 | D | |
| Common Stock | Nov 20, 2016 | F | 3,877 | $10.63 | D | 10,335 | D | |
| Common StockF2 | Nov 22, 2016 | S | 4,095 | $10.6112 | D | 6,240 | 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 UnitsF3,F4 | $0.00 | Nov 20, 2016 | M | 4,062 | D | May 20, 2013 | — | Common Stock | 4,062 | 4,063 | D |
| Restricted Stock UnitsF3,F5 | — | Nov 20, 2016 | M | 1,562 | D | — | — | Common Stock | 1,562 | 7,813 | D |
| Restricted Stock UnitsF3,F6 | — | Nov 20, 2016 | M | 2,187 | D | May 20, 2015 | — | Common Stock | 2,187 | 19,688 | D |
| Restricted Stock UnitsF3,F7 | $0.00 | Nov 20, 2016 | M | 2,500 | D | May 20, 2016 | — | Common Stock | 2,500 | 32,500 | D |
Explanation of responses
- F1The transaction reported was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on August 31, 2016.
- F2The price reported in column 4 is the weighted average price. The shares were sold in multiple transactions ranging from $10.56 to $10.70, 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 (2) to this Form 4.
- 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 65,000 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 25,000 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.
- F66.25% of the 35,000 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.
- F76.25% 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.