SEC Form 4 · accession 0001509432-17-000003
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 6, 2017
Accepted (ET)
Feb 8, 2017 · 4:36 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 6, 2017 | M | 5,000 | $6.63 | A | 106,571 | D | |
| Common StockF2 | Feb 6, 2017 | S | 5,000 | $10.5508 | D | 101,571 | 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)F3 | $6.63 | Feb 6, 2017 | M | 5,000 | D | — | Nov 15, 2020 | Common Stock | 5,000 | 117,912 | 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 $10.46 to $10.65, 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.
- F3The 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.