Delaney Brian James 4
4 · SERVICESOURCE INTERNATIONAL, INC. · Filed Sep 7, 2017
Insider Transaction Report
Form 4
Delaney Brian James
Chief Operating Officer
Transactions
- Tax Payment
Common Stock
2017-09-05$3.57/sh−21,053$75,159→ 469,481 total - Tax Payment
Common Stock
2017-09-06$3.38/sh−54,251$183,368→ 415,230 total
Footnotes (3)
- [F1]Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with vesting of certain RSUs previously reported in Table 1 as required following the grant date. This sale is mandated by the Issuer's election under its equity incentive plan requiring satisfaction of tax withholding obligations by a "sell to cover" transaction, and does not represent a discretionary trade by the reporting person.
- [F2]This transaction was executed in multiple trades during the day at prices ranging from $3.54 to $3.60. The weighted-average price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares and prices at which the transactions were effected.
- [F3]This transaction was executed in multiple trades during the day at prices ranging from $3.31 to $3.50. The weighted-average price is reported above.