SEC Form 4 · accession 0001209191-16-145970
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
Oct 12, 2016
Accepted (ET)
Oct 14, 2016 · 7:01 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 | Oct 12, 2016 | M | 30,000 | $0.41 | A | 145,564 | D | |
| Common StockF4 | Oct 12, 2016 | F | 11,721 | $88.46 | D | 133,843 | D | |
| Common StockF6 | Oct 13, 2016 | S | 25,501 | $96.50 | D | 108,342 | 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)F7 | $0.41 | Oct 12, 2016 | M | 30,000 | D | — | Mar 14, 2022 | Common Stock | 30,000 | 166,500 | D |
Explanation of responses
- F1Consists of 30,000 shares of common stock acquired upon the exercise of outstanding stock options. Mr. Gavin is holding the 30,000 shares with his spouse as joint tenants with the right of survivorship.
- F2Consists of 46,000 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.
- F3Represents shares of common stock that have been withheld by the Company to satisfy its income tax withholding obligations in connection with the vesting of RSUs that were previously reported by the Reporting Person and does not represent a sale by the Reporting Person.
- F4Consists of 61,670 shares of common stock and 72,173 RSUs.
- F5The sale transaction reported on this Form 4 was effected as part of an underwritten public offering of common stock of the Company in which the Reporting Person was a selling stockholder.
- F6Consists of 36,169 shares of common stock and 72,173 RSUs.
- F7This 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.