SEC Form 4 · accession 0001127602-16-068170
Keysight Technologies, Inc. · KEYS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Gasparian
Officer — SVP
Period of report
Nov 18, 2016
Accepted (ET)
Nov 22, 2016 · 4:57 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001601046
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 18, 2016 | F | 367 | $35.89 | D | 65,703 | D | |
| Common Stock | Nov 21, 2016 | M | 2,692 | $35.90 | A | 68,395 | D | |
| Common Stock | Nov 21, 2016 | S | 2,692 | $35.90 | D | 65,703 | 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,F4 | $19.97 | Nov 21, 2016 | M | 2,692 | D | Nov 21, 2013 | Nov 20, 2022 | Common Stock | 2,692 | 0 | D |
Explanation of responses
- F1The reporting person surrendered 367 shares to Keysight to satisfy the tax liability on the release of restricted shares in accordance with Rule 16b-3.
- F2This transaction was effected pursuant to a Rule 10b5-1 plan.
- F3Right to buy Keysight Technologies, Inc. common stock granted under the Keysight Technologies, Inc. 2014 Equity and Incentive Compensation Plan in compliance with Rule 16b-3.
- F4The option is exercisable in four equal annual installments beginning on the first anniversary of the date of the grant. The first vesting date is stated.