SEC Form 4 · accession 0001209191-19-011852
SVMK Inc. · SVMK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy J Maly
Officer — Cheif Financial Officer & COO
Period of report
Feb 19, 2019
Accepted (ET)
Feb 20, 2019 · 8:49 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001739936
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Feb 19, 2019 | S | 2,856 | $11.7885 | D | 844,528 | D | |
| Common StockF4,F5,F3 | Feb 19, 2019 | S | 30,832 | $12.0105 | D | 813,696 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were automatically sold to cover tax withholding obligations in connection with the vesting of restricted stock units.
- F2This transaction was executed in multiple trades at prices ranging from $11.78 to $12.0180. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F3Certain of these securities are restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock, subject to the applicable vesting schedule and conditions.
- F4Shares were sold pursuant to a duly adopted 10b5-1 trading plan, which was entered into in accordance with the Issuer's insider trading policy and provides for periodic sales as part of a liquidity and diversification strategy
- F5This transaction was executed in multiple trades at prices ranging from $12.00 to $12.0700. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.