SEC Form 4 · accession 0001639524-15-000003
LiveRamp Holdings, Inc. · RAMP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard E. Erwin
Officer — Divisional President
Period of report
Apr 13, 2015
Accepted (ET)
Apr 14, 2015 · 5:23 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 | Apr 13, 2015 | A | 41,929 | $0.00 | A | 41,929 | D | |
| Common Stock, $.10 Par ValueF2 | Apr 13, 2015 | A | 15,723 | $0.00 | A | 57,652 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F3 | $0.00 | Apr 13, 2015 | A | 21,190 | A | — | Apr 13, 2025 | Common Stock, $.10 Par Value | 21,190 | 21,190 | D |
| Non-Qualified Stock Option (right to buy)F4 | $19.07 | Apr 13, 2015 | A | 42,381 | A | — | Apr 13, 2025 | Common Stock, $.10 Par Value | 42,381 | 42,381 | D |
Explanation of responses
- F1This is a grant of performance units pursuant to the 2005 Equity Compensation Plan of Acxiom Corporation. Each performance unit represents a contingent right to receive one share of the registrant's common stock. Vesting will occur subsequent to the attainment of the performance criteria approved by the Compensation Committee of the registrant's Board of Directors for the performance period ending March 31, 2018, contingent upon the reporting person's continued employment with the registrant. If the performance criteria are exceeded, vesting may occur in an amount up to 150% of the reported number of shares; likewise, if the performance criteria are not attained, less than 100% of the reported number of shares may be vested.
- F2This is a grant of restricted stock units pursuant to the 2005 Equity Compensation Plan of Acxiom Corporation. Each restricted stock unit represents a contingent right to receive one share of the registrant's common stock. Vesting will begin on April 13, 2016, with 25% of the total becoming vested on that date and 25% each 12 months thereafter until 100% vested, contingent upon the reporting person's continued employment with the registrant.
- F3This is a grant of non-qualified stock options pursuant to the 2005 Equity Compensation Plan of Acxiom Corporation. This stock option is 100% vested as of the date of grant and expires 10 years from the date of grant.
- F4This is a grant of non-qualified stock options pursuant to the 2005 Equity Compensation Plan of Acxiom Corporation. Vesting will begin on April 13, 2016 with 25% of the total becoming vested on that date and 25% each 12 months thereafter until 100% vested, contingent upon the reporting person's continued employment with the registrant. The option expires 10 years from the date of grant.