SEC Form 4 · accession 0001209191-15-017932
CRAY INC · CRAY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Margaret Ann Williams
Officer — SVP, R&D
Period of report
Feb 20, 2015
Accepted (ET)
Feb 24, 2015 · 5:32 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000949158
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 20, 2015 | M | 2,812 | $6.08 | A | 143,756 | D | |
| Common Stock | Feb 20, 2015 | S | 2,812 | $34.03 | D | 140,944 | D | |
| Common Stock | holding | — | — | — | 4,091 | I | By 401(k) plan |
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)F2 | $6.08 | Feb 20, 2015 | M | 2,812 | D | — | Nov 16, 2021 | Common Stock | 2,812 | 5,626 | D |
Explanation of responses
- F1The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.
- F2Twenty-five percent of the options vested on August 3, 2012 and 1/48th vests monthly thereafter, with 100% vested and exercisable on August 3, 2015.