YuMe Inc 4
4 · YuMe Inc · Filed May 24, 2016
Insider Transaction Report
Form 4
YuMe IncYUME
MCLERNON SCOT
EVP, SALES & CHIEF REVENUE OFC
Transactions
- Exercise/Conversion
Restricted Stock Units
2016-05-22−17,500→ 0 total→ Common Stock (17,500 underlying) - Exercise/Conversion
Common Stock
2016-05-22+17,500→ 54,999 total - Tax Payment
Common Stock
2016-05-22$3.70/sh−6,577$24,335→ 48,422 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. No shares have been sold. 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 ("RSUs").
- [F2]Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- [F3]The RSUs vest in two equal annual installments beginning on May 22, 2015. Shares of the Issuer's common stock will be delivered to the reporting person upon vesting.