SEC Form 4 · accession 0001340317-18-000034
LiveRamp Holdings, Inc. · RAMP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anneka R. Gupta
Officer — Pres.& Head-Products/Platforms
Period of report
Oct 1, 2018
Accepted (ET)
Oct 3, 2018 · 4:43 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 VALUEF2 | Oct 1, 2018 | A | 33,544 | $0.00 | A | 173,645 | D | |
| COMMON STOCK, $.10 PAR VALUE | holding | — | — | — | 1,218 | I | BY MANAGED ACCOUNT 1 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On October 1, 2018, the issuer completed its previously announced sale of its Acxiom Marketing Solutions business (the "AMS Sale"). The AMS Sale constituted a change in control for purposes of the issuer's Amended and Restated 2005 Equity Compensation Plan, and certain performance stock units (PSUs) held by the reporting person under such plan converted into a number of restricted stock units (RSUs) equal to 200% of the target number of shares underlying such PSUs based on the degree of achievement of the applicable performance objectives as of closing of the AMS Sale, with vesting to occur subject to the reporting person's continued service with the issuer over the original performance periods.
- F2At the time of the AMS Sale, the reporting person held 16,772 PSUs (at target) that converted into 33,544 RSUs, all of which will vest on March 31, 2021 contingent upon the reporting person's continued employment with the issuer through such date.