SEC Form 4 · accession 0001209191-15-081120
RAMBUS INC · RMBS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jae Kim
Officer — SVP & GC
Period of report
Nov 16, 2015
Accepted (ET)
Nov 18, 2015 · 7:47 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 Stock | Nov 16, 2015 | M | 3,962 | $5.46 | A | 24,458 | D | |
| Common Stock | Nov 16, 2015 | M | 2,379 | $5.46 | A | 26,837 | D | |
| Common Stock | Nov 16, 2015 | M | 5,227 | $5.63 | A | 32,064 | D | |
| Common Stock | Nov 16, 2015 | M | 2,380 | $5.63 | A | 34,444 | D | |
| Common StockF2 | Nov 16, 2015 | S | 14,232 | $10.6849 | D | 20,212 | D | |
| Common StockF3 | Nov 17, 2015 | S | 317 | $10.95 | D | 19,895 | 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)F4 | $5.46 | Nov 16, 2015 | M | 3,962 | D | — | Feb 1, 2023 | Common Stock | 10,827 | 10,827 | D |
| Employee Stock Option (right to buy)F4 | $5.46 | Nov 16, 2015 | M | 2,379 | D | — | Feb 1, 2023 | Common Stock | 6,496 | 6,496 | D |
| Employee Stock Option (right to buy)F5 | $5.63 | Nov 16, 2015 | M | 5,227 | D | — | Aug 2, 2020 | Common Stock | 1,718 | 1,718 | D |
| Employee Stock Option (right to buy)F5 | $5.63 | Nov 16, 2015 | M | 2,380 | D | — | Feb 1, 2021 | Common Stock | 783 | 783 | D |
Explanation of responses
- F1The sales reported on this Form 4 are pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 6, 2015.
- F2The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold on 11/16/2015 ranging from $10.59 to $10.83. 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.
- F3The sale price reported in Column 4 of Table 1 represents the exact sale price of the shares sold on 11/17/2015.
- F4Ten percent of the shares subject to the option vested on August 1, 2013 and the remaining shares vested monthly thereafter until fully vested on February 1, 2017.
- F5One-third of the shares subject to the option vested on June 22, 2013 and the remaining shares vested monthly thereafter until fully vested on June 22, 2015.