SEC Form 4 · accession 0001738736-19-000006
Pluralsight, Inc. · PS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph M. DiBartolomeo
Officer — Chief Revenue Officer
Period of report
Feb 15, 2019
Accepted (ET)
Feb 20, 2019 · 8:54 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001725579
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Feb 15, 2019 | M | 80,720 | $0.00 | A | 175,258 | D | |
| Class A Common Stock | Feb 15, 2019 | M | 175,000 | $0.00 | A | 350,258 | D | |
| Class A Common StockF4 | Feb 15, 2019 | S | 254,920 | $30.1258 | D | 95,338 | D | |
| Class A Common Stock | Feb 15, 2019 | S | 800 | $30.87 | D | 94,538 | 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 | $15.00 | Feb 15, 2019 | M | 80,720 | D | — | May 17, 2028 | Class A Common Stock | 80,720 | 242,160 | D |
| Class B Common StockF7 | — | Feb 15, 2019 | M | 175,000 | D | — | — | Class A Common Stock | 175,000 | 348,696 | D |
Explanation of responses
- F1Represents the number of shares that were acquired upon exercise of the options listed in Table II pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 14, 2018.
- F2The reported shares represent a one-for-one exchange of the Issuer's Class B Common Stock to Class A Common Stock.
- F3The sale transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting person on December 14, 2018.
- F4The sale price represents the weighted average price of the shares sold ranging from $29.72 to $30.51 per share. Upon request of the Commission staff, the Issuer or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- F5The stock option exercises reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 14, 2018.
- F6Shares subject to the option vest in four equal semiannual installments beginning on November 17, 2018.
- F7The shares of Class B Common Stock (i) confer no incidents of economic ownership on the holders thereof and (ii) only confer one-to-one voting rights on the holders thereof. Each share of Class B Common Stock is exchangeable for one share of Class A Common Stock at the option of the holder (for which the Issuer may substitute cash) and has no expiration date.
- F8Represents shares of Class B Common Stock exchanged on a one-for-one basis into shares of Class A Common Stock.