SEC Form 4 · accession 0001415889-18-000351
Ubiquiti Inc. · UI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Benjamin Moore
Officer — VP BUSINESS DEVELOPMENT
Period of report
Mar 6, 2018
Accepted (ET)
Mar 8, 2018 · 4:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001511737
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 6, 2018 | M | 1,316,964 | $0.05 | A | 1,354,927 | D | |
| Common Stock | Mar 6, 2018 | F | 582,497 | $69.85 | D | 772,430 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3 | $0.05 | Mar 6, 2018 | M | 1,316,964 | D | — | Apr 9, 2018 | Common Stock | 1,316,964 | 0 | D |
Explanation of responses
- F1Shares acquired as a result of exercise of stock options previously reported on Table II.
- F2Represents shares withheld to satisfy exercise price and tax obligations arising out of exercise of stock options and does not represent a sale by the reporting person.
- F31/4 of the shares originally subject to the option became vested on April 9, 2009, and 1/16th of the shares originally subject to the option became vested every three months thereafter.