SEC Form 4 · accession 0001209191-16-122273
Acacia Communications, Inc. · ACIA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John F Gavin
Officer — Chief Financial Officer
Period of report
May 18, 2016
Accepted (ET)
May 20, 2016 · 5:32 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001651235
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | May 18, 2016 | M | 7,500 | $0.41 | A | 107,064 | D | |
| Common StockF1,F3 | May 18, 2016 | S | 7,500 | $21.39 | D | 99,564 | 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)F4 | $0.41 | May 18, 2016 | M | 7,500 | D | — | Mar 14, 2022 | Common Stock | 7,500 | 212,500 | D |
Explanation of responses
- F1Consists of 7,500 shares of common stock owned by Mr. Gavin and his spouse as joint tenants with the right of survivorship.
- F2Consists of 7,500 shares of common stock and 99,564 restricted stock units ("RSUs"). Each RSU represents the right to receive one share of common stock upon vesting.
- F3Consists of 99,564 RSUs.
- F4This option, representing a right to purchase a total of 220,000 shares, vested as to 20% of the shares on February 27, 2013, and vests in equal monthly installments thereafter until February 27, 2017.