SEC Form 4 · accession 0001179110-15-001857
RAMBUS INC · RMBS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald D Black
Officer — President and CEO · Director
Period of report
Feb 2, 2015
Accepted (ET)
Feb 4, 2015 · 6:03 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000917273
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 2, 2015 | A | 54,544 | $0.00 | A | 110,330 | D |
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)F2 | $11.26 | Feb 2, 2015 | A | 120,000 | A | Aug 2, 2015 | Feb 2, 2025 | Common Stock | 120,000 | 120,000 | D |
Explanation of responses
- F1Shares are represented by restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Rambus Inc. common stock. The restricted stock units vest in four equal annual installments beginning on February 2, 2016 or the first business trading thereafter.
- F2One tenth of the shares subject to the option vest on August 2, 2015 and the remaining shares vest in equal monthly installments until they are fully vested on February 2, 2019.