SEC Form 4 · accession 0001127602-17-022245
Keysight Technologies, Inc. · KEYS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald S. Nersesian
Officer — President and CEO · Director
Period of report
Jun 23, 2017
Accepted (ET)
Jun 27, 2017 · 4:12 pm EDT
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 StockF1 | Jun 23, 2017 | M | 40,862 | $19.62 | A | 509,290 | D | |
| Common StockF3 | Jun 23, 2017 | S | 40,862 | $38.0936 | D | 468,428 | D | |
| Common Stock | Jun 23, 2017 | M | 101,135 | $20.74 | A | 569,563 | D | |
| Common StockF4 | Jun 23, 2017 | S | 101,135 | $38.1845 | D | 468,428 | D | |
| Common Stock | Jun 23, 2017 | M | 188,454 | $19.97 | A | 656,882 | D | |
| Common StockF5 | Jun 23, 2017 | S | 188,454 | $38.3874 | D | 468,428 | 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)F6,F7 | $19.62 | Jun 23, 2017 | M | 40,862 | D | Nov 17, 2011 | Nov 16, 2020 | Common Stock | 40,862 | 0 | D |
| Employee Stock Option (Right to Buy)F6,F7 | $20.74 | Jun 23, 2017 | M | 101,135 | D | Nov 17, 2012 | Nov 16, 2021 | Common Stock | 101,135 | 0 | D |
| Employee Stock Option (Right to Buy)F6,F7 | $19.97 | Jun 23, 2017 | M | 188,454 | D | Nov 21, 2013 | Nov 20, 2022 | Common Stock | 188,454 | 0 | D |
Explanation of responses
- F1Includes 153.205 shares acquired in an Employee Stock Purchase Plan under Section 423 of The Internal Revenue Code of 1986, as amended, in a transaction exempt under Rule 16b-3.
- F2The sale of the shares was made as part of Mr. Nersesian's personal investment and financial planning needs, including individual asset diversification.
- F3Average weighted price is $38.0936, with a range from $38.06 to $38.115
- F4Average weighted price is $38.1845, with a range from $38.17 to $38.205
- F5Average weighted price is $38.3874, with a range from $38.08 to $38.60
- F6Right 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.
- F7The 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.