SEC Form 4 · accession 0001127602-18-020078
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 1, 2018
Accepted (ET)
Jun 5, 2018 · 6:40 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 1, 2018 | M | 54,123 | $29.83 | A | 409,544 | D | |
| Common StockF3 | Jun 1, 2018 | S | 54,123 | $59.3792 | D | 355,421 | D | |
| Common Stock | Jun 1, 2018 | M | 195,877 | $31.00 | A | 551,298 | D | |
| Common StockF4 | Jun 1, 2018 | S | 195,877 | $59.4057 | D | 355,421 | D | |
| Common StockF5 | Jun 4, 2018 | S | 50,000 | $60.8537 | D | 305,421 | 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 | $29.83 | Jun 1, 2018 | M | 54,123 | D | Nov 20, 2014 | Nov 19, 2023 | Common Stock | 54,123 | 0 | D |
| Employee Stock Option (Right to Buy)F6,F7 | $31.00 | Jun 1, 2018 | M | 195,877 | D | Nov 18, 2015 | Nov 17, 2024 | Common Stock | 195,877 | 87,760 | D |
Explanation of responses
- F1Includes 113.412 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 $59.3792, with a range from $58.74 to $59.50
- F4Average weighted price is $59.4057, with a range from $58.64 to $59.745
- F5Average weighted price is $60.8537, with a range from $60.80 to $60.99
- 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.