SEC Form 4 · accession 0001209191-16-118282
RAMBUS INC · RMBS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Laura Stark
Officer — SVP, GM ESD
Period of report
May 6, 2016
Accepted (ET)
May 6, 2016 · 8:21 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 Stock | May 6, 2016 | M | 884 | $8.55 | A | 173,893 | D | |
| Common Stock | May 6, 2016 | M | 1,333 | $7.31 | A | 175,226 | D | |
| Common Stock | May 6, 2016 | M | 1,238 | $5.46 | A | 176,464 | D | |
| Common Stock | May 6, 2016 | M | 555 | $8.76 | A | 177,019 | D | |
| Common StockF2 | May 6, 2016 | S | 5,284 | $11.2124 | D | 171,735 | 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)F3 | $8.55 | May 6, 2016 | M | 884 | D | — | Feb 2, 2019 | Common Stock | 884 | 23,885 | D |
| Employee Stock Option (right to buy)F4 | $7.31 | May 6, 2016 | M | 1,333 | D | — | Feb 1, 2022 | Common Stock | 1,333 | 35,998 | D |
| Employee Stock Option (right to buy)F5 | $5.46 | May 6, 2016 | M | 1,238 | D | — | Feb 1, 2023 | Common Stock | 1,238 | 47,523 | D |
| Employee Stock Option (right to buy)F6 | $8.76 | May 6, 2016 | M | 555 | D | — | Feb 3, 2024 | Common Stock | 555 | 48,885 | 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 February 5, 2016.
- F2The sale price reported in Column 4 of Table 1 represents the weighted average sale price of the shares sold ranging from $11.16 to $11.27. 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.
- F3Ten percent of the shares subject to the option vested on August 2, 2009 and the remaining shares vested monthly thereafter until fully vested on February 2, 2014.
- F4Ten percent of the shares subject to the option vested on August 1, 2012 and the remaining shares vested monthly thereafter until fully vested on February 1, 2016.
- F5Ten 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.
- F6Ten percent of the shares subject to the option vested on August 3, 2014 and the remaining shares vested monthly thereafter until fully vested on February 3, 2018.