4//SEC Filing
Papaefstathiou Efstathios 4
Accession 0000949158-18-000072
CIK 0000949158other
Filed
May 20, 8:00 PM ET
Accepted
May 21, 7:09 PM ET
Size
13.6 KB
Accession
0000949158-18-000072
Insider Transaction Report
Form 4
CRAY INCCRAY
Papaefstathiou Efstathios
SVP, R&D
Transactions
- Exercise/Conversion
Common Stock
2018-05-18+8,750→ 14,171 total - Award
Restricted Stock Unit (RSU)
2018-05-17+21,000→ 21,000 total→ Common Stock (21,000 underlying) - Exercise/Conversion
Restricted Stock Unit (RSU)
2018-05-18−8,750→ 26,250 total→ Common Stock (8,750 underlying) - Award
Stock option (right to buy)
2018-05-17+21,000→ 21,000 totalExercise: $27.10Exp: 2028-05-17→ Common Stock (21,000 underlying) - Tax Payment
Common Stock
2018-05-18$26.80/sh−3,269$87,609→ 10,902 total
Footnotes (6)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the issuer's Common Stock.
- [F2]Represents shares of Common Stock that were withheld by the issuer to satisfy applicable withholding taxes in connection with the net settlement of the restricted stock units listed in Table II and does not represent a sale of Common Stock by the reporting person.
- [F3]Represents the per share closing price of the issuer's Common Stock on the applicable vesting date or, if there was no closing price on such date, the closing price on the trading date that was immediately prior to such vesting date.
- [F4]One-quarter of these shares vest on each of May 17, 2019, May 17, 2020, May 17, 2021 and May 17, 2022, subject to the reporting person's provision of service to the issuer on each vesting date.
- [F5]One-quarter of these shares vest on May 17, 2019 and 1/48th of these shares vest monthly thereafter, with 100% of the total shares vested and exercisable on May 17, 2022, subject to the reporting person's provision of service to the issuer on each vesting date.
- [F6]On May 18, 2017, the reporting person was granted 35,000 restricted stock units, with one quarter vesting on each of May 18, 2018, May 18, 2019, May 18, 2020 and May 18, 2021, subject to the reporting person's provision of service to the issuer on each vesting date.
Documents
Issuer
CRAY INC
CIK 0000949158
Entity typeother
Related Parties
1- filerCIK 0001618558
Filing Metadata
- Form type
- 4
- Filed
- May 20, 8:00 PM ET
- Accepted
- May 21, 7:09 PM ET
- Size
- 13.6 KB