SEC Form 4 · accession 0001127602-18-001647
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
Jan 9, 2018
Accepted (ET)
Jan 11, 2018 · 5:39 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 | Jan 9, 2018 | M | 162,366 | $29.83 | A | 517,674 | D | |
| Common StockF3 | Jan 9, 2018 | S | 162,366 | $45.0356 | D | 355,308 | 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)F4,F5 | $29.83 | Jan 9, 2018 | M | 162,366 | D | Nov 20, 2014 | Nov 19, 2023 | Common Stock | 162,366 | 54,123 | D |
Explanation of responses
- F1This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 7, 2017
- 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 $45.0356, with a range from $45.00 to $45.205
- F4Right 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.
- F5The 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.