YuMe Inc 4
4 · YuMe Inc · Filed Sep 2, 2016
Insider Transaction Report
Form 4
YuMe IncYUME
KADAMBI JAYANT
DirectorCHAIRMAN, PRESIDENT, & CEO
Transactions
- Exercise/Conversion
Common Stock
2016-08-28+35,000→ 872,288 total - Exercise/Conversion
Restricted Stock Units
2016-08-28−35,000→ 0 total→ Common Stock (35,000 underlying) - Tax Payment
Common Stock
2016-08-28$3.36/sh−13,153$44,194→ 859,135 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.
- [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 in two equal annual installments commencing on August 28, 2014. Shares of the Issuer's common stock will be delivered to the reporting person upon vesting.