Delaney Brian James 4
4 · SERVICESOURCE INTERNATIONAL, INC. · Filed Jun 11, 2018
Insider Transaction Report
Form 4
Delaney Brian James
Chief Operating Officer
Transactions
- Tax Payment
Common Stock
2018-06-11$4.12/sh−24,811$102,221→ 596,656 total
Footnotes (2)
- [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 I, 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 $4.08 to $4.175. 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.