YuMe Inc 4
4 · YuMe Inc · Filed Mar 1, 2016
Insider Transaction Report
Form 4
YuMe IncYUME
MCLERNON SCOT
EVP, SALES & CHIEF REVENUE OFC
Transactions
- Tax Payment
Common Stock
2016-02-26$3.67/sh−8,311$30,501→ 37,499 total - Exercise/Conversion
Restricted Stock Units
2016-02-26−22,588→ 45,177 total→ Common Stock (22,588 underlying) - Exercise/Conversion
Common Stock
2016-02-26+22,588→ 45,810 total
Footnotes (3)
- [F1]Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed on this Form 4 are withheld by the Issuer to satisfy federal and state tax withholding obligations of the Reporting Person resulting from the vesting of restricted stock units.
- [F2]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- [F3]The restricted stock units vest over two years in four equal installments every 6 months commencing on the February 26, 2015. Shares of the Issuer's common stock will be delivered to the reporting person upon vesting.