Rally Software Development Corp 4
4 · Rally Software Development Corp · Filed Apr 3, 2015
Insider Transaction Report
Form 4
Miller Timothy A.
DirectorPresident & CEO
Transactions
- Award
Common Stock
2015-04-01+79,000→ 605,683 total - Award
Stock Option (right to buy)
2015-04-01+135,000→ 135,000 totalExercise: $15.54Exp: 2025-03-31→ Common Stock (135,000 underlying)
Holdings
- 40,410(indirect: By Spouse)
Common Stock
Footnotes (4)
- [F1]Represents shares issued as Restricted Stock Units ("RSUs") under the Issuer's 2013 Equity Incentive Plan (the "Plan") that were received as an award, for no consideration. The RSUs vest in a series of four successive annual installments beginning on April 25, 2016 such that the RSUs are fully vested on April 25, 2019, provided in each case that the Reporting Person's continuous service to the Issuer has not been terminated as defined in or as determined under the Plan.
- [F2]Includes 1,200 shares acquired under the Issuer's 2013 Employee Stock Purchase Plan on December 15, 2014.
- [F3]Includes 24,750 previously reported shares issued as RSUs under the Plan that were received as an award, for no consideration, which vest in a series of three successive annual installments beginning on June 28, 2015 such that the RSUs are fully vested on June 28, 2017, provided in each case that the Reporting Person's continuous service to the Issuer has not been terminated as defined in or as determined under the Plan.
- [F4]Grant to the Reporting Person of a stock option under the Plan. The option vests as follows: 100% of the option shares shall vest in equal installments monthly over 48 months following April 1, 2015, provided that in each case that the Reporting Person's continuous service to the Issuer has not been terminated as defined in or as determined under the Plan. The option expires ten years after the date of grant.