SEC Form 4 · accession 0001245105-18-000062
LiveRamp Holdings, Inc. · RAMP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jerry C Jones
Officer — Chief Ethics & Legal Officer
Period of report
Mar 31, 2018
Accepted (ET)
Apr 3, 2018 · 5:42 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000733269
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCK, $.10 PAR VALUEF1 | Mar 31, 2018 | A | 10,369 | $0.00 | A | 177,028 | D | |
| COMMON STOCK, $.10 PAR VALUEF2 | Apr 2, 2018 | F | 6,512 | $23.28 | D | 170,516 | D | |
| COMMON STOCK, $.10 PAR VALUE | holding | — | — | — | 4,908 | I | BY MANAGED ACCOUNT 1 | |
| COMMON STOCK, $.10 PAR VALUE | holding | — | — | — | 3,019 | I | BY MANAGED ACCOUNT 2 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person's Form 4 filed May 22, 2015 reported a grant of performance units at target (covering 10,369 shares of common stock) that could vest at 0% to 200% of target based upon certain performance criteria for the period ending March 31, 2018 having been satisfied and approved by the Compensation Committee of the registrant's Board of Directors. The Compensation Committee has determined that the maximum performance criteria was achieved, resulting in the reporting person's grant vesting at 200% of target. This Form 4 reports the additional 10,369 shares of common stock earned by the reporting person upon vesting of the performance units.
- F2These shares were withheld by the registrant to satisfy the reporting person's tax obligations that arose as a result of the performance unit vesting discussed in footnote 1 above.