SEC Form 4 · accession 0001209191-15-073459
RAMBUS INC · RMBS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles Kissner
Director
Period of report
Oct 1, 2015
Accepted (ET)
Oct 2, 2015 · 5:31 pm EDT
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,F2,F3 | Oct 1, 2015 | A | 13,618 | $0.00 | A | 13,618 | D | |
| Common StockF5,F6 | Oct 1, 2015 | S | 6,709 | $11.6723 | D | 27,474 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares are represented by restricted stock units. Each restricted stock unit represents a contingent right to receive one share of RMBS common stock.
- F2All of the restricted stock units will vest on October 1, 2016 or the first business trading day thereafter.
- F3Excludes 13,418 restricted stock units vested and issued on October 1, 2015 that are now held directly by Kissner and Associates LLC for which the Reporting Person serves as the owner of the company.
- F4The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 27, 2015.
- F5The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $11.54 to $11.81. Upon request by the Commission Staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- F6Shares held directly by Kissner and Associates LLC for which the Reporting Person serves as the owner of the company.