SEC Form 4 · accession 0001127602-19-007280
Pivotal Software, Inc. · PVTL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edward Hieatt
Officer — SVP, Services
Period of report
Feb 19, 2019
Accepted (ET)
Feb 20, 2019 · 6:35 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001574135
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Feb 19, 2019 | M | 44,791 | $5.06 | A | 244,791 | D | |
| Class A Common StockF2 | Feb 19, 2019 | S | 44,791 | $20.5576 | D | 200,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F3 | $5.06 | Feb 19, 2019 | M | 44,791 | D | — | Jun 28, 2023 | Class A Common Stock | 44,791 | 3,126 | D |
Explanation of responses
- F1The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 14, 2018
- F2This transaction was executed in multiple trades at prices ranging from $20.39 to $20.66. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F3The stock options were granted on June 28, 2013 and are fully vested.