Rally Software Development Corp 4
4 · Rally Software Development Corp · Filed Apr 3, 2015
Insider Transaction Report
Form 4
Mesikapp Kenneth M
CAO, VP & Asst Sec
Transactions
- Award
Stock Option (right to buy)
2015-04-01+22,000→ 22,000 totalExercise: $15.54Exp: 2025-03-31→ Common Stock (22,000 underlying) - Award
Common Stock
2015-04-01+22,000→ 47,500 total
Footnotes (5)
- [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 (i) 1,200 shares acquired under the Issuer's 2013 Employee Stock Purchase Plan (the "Purchase Plan") on June 13, 2014 and (ii) 1,200 shares acquired under the Purchase Plan on December 15, 2014.
- [F3]Includes 3,375 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]Includes 6,400 previously reported shares issued as RSUs under the Plan that were received as an award, for no consideration, which vest in a series of four successive annual installments beginning on April 25, 2015 such that the RSUs are fully vested on April 25, 2018, 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.
- [F5]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 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.