SEC Form 4 · accession 0001209191-16-136394
EXA CORP · EXA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Suresh Sundaram
Officer — SVP Products and Marketing
Period of report
Aug 8, 2016
Accepted (ET)
Aug 10, 2016 · 5:51 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000890264
Table I — non-derivative securities
No Table I lines on this filing.
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)F1 | $14.54 | Aug 8, 2016 | A | 75,000 | A | — | Aug 8, 2026 | Common Stock | 75,000 | 75,000 | D |
| Restricted Stock UnitsF2,F3 | — | Aug 8, 2016 | A | 30,000 | A | — | — | Common Stock | 30,000 | 30,000 | D |
Explanation of responses
- F1The option vests in equal quarterly installments over four years.
- F2Upon vesting, each restricted stock unit converts into one share of Exa common stock.
- F3The restricted stock units vest in equal quarterly installments over three years.