SEC Form 4 · accession 0001225208-16-040964
PCM, INC. · PCMI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brandon H LaVerne
Officer — CFO
Period of report
Oct 28, 2016
Accepted (ET)
Nov 1, 2016 · 7:52 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000937941
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON | Oct 28, 2016 | M | 10,000 | $4.66 | A | 18,064 | D | |
| COMMONF1 | Oct 28, 2016 | S | 10,000 | $21.98 | D | 8,064 | D | |
| COMMON | Oct 31, 2016 | M | 2,500 | $4.66 | A | 10,564 | D | |
| COMMON | Oct 31, 2016 | M | 153 | $7.99 | A | 10,717 | D | |
| COMMON | Oct 31, 2016 | S | 2,653 | $21.75 | D | 8,064 | D | |
| COMMON | Nov 1, 2016 | M | 12,347 | $7.99 | A | 20,411 | D | |
| COMMON | Nov 1, 2016 | M | 5,474 | $8.92 | A | 25,885 | D | |
| COMMONF2 | Nov 1, 2016 | S | 17,821 | $21.2891 | D | 8,064 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3 | $4.66 | Oct 28, 2016 | M | 10,000 | D | — | Feb 26, 2020 | COMMON | 10,000 | 15,000 | D |
| Stock Option (Right to Buy)F3 | $4.66 | Oct 31, 2016 | M | 2,500 | D | — | Feb 26, 2020 | COMMON | 2,500 | 12,500 | D |
| Stock Option (Right to Buy)F4 | $7.99 | Oct 31, 2016 | M | 153 | D | — | Aug 21, 2019 | COMMON | 153 | 24,847 | D |
| Stock Option (Right to Buy)F4 | $8.92 | Nov 1, 2016 | M | 5,474 | D | — | Jul 31, 2018 | COMMON | 5,474 | 29,526 | D |
| Stock Option (Right to Buy)F4 | $7.99 | Nov 1, 2016 | M | 12,347 | D | — | Aug 21, 2019 | COMMON | 12,347 | 12,500 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $21.85 to $22.01. The reporting person undertakes to provide to the issuer, any holder of the issuer's stock, or the SEC, upon request, full information regarding the number of shares sold at each separate price within the range described above.
- F2The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $21.00 to $21.425. The reporting person undertakes to provide to the issuer, any holder of the issuer's stock, or the SEC, upon request, full information regarding the number of shares sold at each separate price within the range described above.
- F3This option is exercisable in quarterly installments over a 5 year period.
- F4This option is exercisable in quarterly installments over a 4 year period.