SEC Form 4 · accession 0001593968-19-000442
Veritone, Inc. · VERI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey B Coyne
Officer — EVP, General Counsel & Sec
Period of report
Feb 12, 2019
Accepted (ET)
Feb 13, 2019 · 7:04 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001615165
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 12, 2019 | A | 16,845 | $0.00 | A | 58,688 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $5.65 | Feb 12, 2019 | A | 15,000 | A | — | Feb 12, 2029 | Common Stock | 15,000 | 15,000 | D |
| Stock Option (right to buy)F4 | $5.65 | Feb 12, 2019 | A | 26,001 | A | — | Feb 12, 2029 | Common Stock | 26,001 | 26,001 | D |
Explanation of responses
- F1Consists of restricted stock units representing the right to receive upon vesting a total of 16,845 shares of the issuer's common stock. All such restricted stock units will vest on January 3, 2020, subject to the continuous service of reporting person with the issuer.
- F2Includes a total of 1,843 shares acquired by reporting person through the Employee Stock Purchase Plan of the issuer on July 31, 2018 and January 31, 2019.
- F325% of the shares subject to the option will vest on the first anniversary of the grant date, and 1/48th of the shares subject to the option will vest in monthly installments thereafter, subject to the continuous service of reporting person with the issuer.
- F4Stock option will become exercisable in three equal tranches based on the achievement of stock price goals for the common stock of the issuer of $49.15 per share, $98.31 per share and $196.62 per share, respectively, subject to the continuous service of reporting person with the issuer.