SEC Form 4 · accession 0001209191-17-026919
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
Apr 12, 2017
Accepted (ET)
Apr 13, 2017 · 6:23 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 | Apr 12, 2017 | M | 465 | $8.55 | A | 211,976 | D | |
| Common Stock | Apr 12, 2017 | M | 700 | $7.31 | A | 212,676 | D | |
| Common Stock | Apr 12, 2017 | M | 971 | $5.46 | A | 213,647 | D | |
| Common Stock | Apr 12, 2017 | M | 804 | $8.76 | A | 214,451 | D | |
| Common StockF2 | Apr 12, 2017 | S | 4,686 | $12.75 | D | 209,765 | 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 | Apr 12, 2017 | M | 465 | A | Aug 2, 2009 | Feb 2, 2019 | Common Stock | 465 | 17,651 | D |
| Employee stock option (right to buy)F4 | $7.31 | Apr 12, 2017 | M | 700 | A | Aug 1, 2012 | Feb 1, 2022 | Common Stock | 700 | 26,600 | D |
| Employee stock option (right to buy)F5 | $5.46 | Apr 12, 2017 | M | 971 | A | Aug 1, 2013 | Feb 1, 2023 | Common Stock | 971 | 36,913 | D |
| Employee stock option (right to buy)F6 | $8.76 | Apr 12, 2017 | M | 804 | A | Aug 3, 2014 | Feb 3, 2024 | Common Stock | 804 | 43,392 | 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 9, 2017.
- F2All shares were sold at an exact sale price of $12.75.
- 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.