SEC Form 4 · accession 0001209191-17-044688
Tintri, Inc. · TNTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth Klein
Officer — Chairman & CEO · Director
Period of report
Jul 6, 2017
Accepted (ET)
Jul 10, 2017 · 7:09 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001554875
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 30, 2017 | A | 75,000 | $0.00 | A | 778,931 | D | |
| Common StockF2 | May 30, 2017 | A | 385,416 | $0.00 | A | 1,164,347 | D | |
| Common Stock | Jun 1, 2017 | D | 501,104 | $13.68 | D | 663,243 | D | |
| Common StockF3 | Jul 6, 2017 | C | 20,435 | — | A | 683,678 | 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)F4 | $13.68 | May 30, 2017 | A | 72,916 | A | — | May 30, 2027 | Common Stock | 72,916 | 72,916 | D |
| Stock Option (right to buy) | $13.68 | May 30, 2017 | A | 501,104 | A | Jul 6, 2017 | May 30, 2027 | Common Stock | 501,104 | 501,104 | D |
| Series F Preferred StockF5,F3 | — | Jun 1, 2017 | D | 6,812 | D | — | — | Common Stock | 6,812 | 0 | D |
| Series F Preferred StockF5,F3 | — | Jun 1, 2017 | A | 6,812 | A | — | — | Common Stock | 20,435 | 6,812 | D |
| Series F Preferred StockF3 | — | Jul 6, 2017 | C | 6,812 | D | — | — | Common Stock | 20,435 | 0 | D |
Explanation of responses
- F1Each share is represented by a restricted stock unit (RSU). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon settlement. 50% of the RSUs vest on March 19, 2019 and the remaining 50% of the RSUs shall vest on March 19, 2020.
- F2Each share is represented by a restricted stock unit (RSU). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock upon settlement. 3/8 of the RSU's vest on March 15, 2018 and an additional 1/8 of the RSU's shall vest every three months thereafter.
- F3The Series F Preferred Stock was, at the option of the holder, convertible into shares of Common Stock on a 1-for-1 basis and was automatically converted into shares of Common Stock on a 2.9999959-for-1 basis immediately prior to the closing of the Issuer's initial public offering. The Series F Preferred Stock had no expiration date.
- F41/24 of the shares subject to the option will vest on August 1, 2017 and an additional 1/24 of the shares vest monthly thereafter.
- F5See Exhibit 99.1