Chung David Ying Xian 4
4 · Anaplan, Inc. · Filed Sep 12, 2019
Insider Transaction Report
Form 4
Anaplan, Inc.PLAN
Chung David Ying Xian
See Remarks
Transactions
- Exercise/Conversion
Common Stock
2019-09-10+160→ 10,647 total - Sale
Common Stock
2019-09-12$48.30/sh−1,355$65,446→ 9,292 total - Exercise/Conversion
Common Stock
2019-09-10+2,500→ 10,487 total - Exercise/Conversion
Common Stock
2019-09-10+1,250→ 7,987 total - Exercise/Conversion
Restricted Stock Units
2019-09-10−1,250→ 12,500 total→ Common Stock (1,250 underlying) - Exercise/Conversion
Restricted Stock Units
2019-09-10−2,500→ 37,500 total→ Common Stock (2,500 underlying) - Exercise/Conversion
Restricted Stock Units
2019-09-10−160→ 2,414 total→ Common Stock (160 underlying)
Footnotes (4)
- [F1]The Reporting Person was granted restricted stock units ("RSUs") which represent a contingent right to receive one share of Common Stock for each RSU. 25% of the RSUs vested on March 10, 2019 with the remainder vesting in 12 equal quarterly installments thereafter provided that the Reporting Person remains in continuous service on each vesting date.
- [F2]6.25% of these RSUs vest quarterly beginning on September 10, 2019, provided that the Reporting Person remains in continuous service on each vesting date.
- [F3]6.25% of these RSUs vest quarterly after June 10, 2019, provided that the Reporting Person remains in continuous service on each vesting date. On May 30, 2019, the Reporting Person filed a Form 4 reporting the grant of 2,668 RSUs (the "Prior Report"). The Prior Report inadvertently overstated by 94 RSUs the total number of RSUs granted and should have reported that 2,574 RSUs were granted. The total number of derivative securities set forth in Column 9 of this Form 4 is based on the 2,574 RSUs granted and corrects the error in the Prior Report.
- [F4]The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.