4//SEC Filing
Rally Software Development Corp 4
Accession 0001179110-15-009889
CIK 0001313911operating
Filed
Jun 15, 8:00 PM ET
Accepted
Jun 16, 3:21 PM ET
Size
11.1 KB
Accession
0001179110-15-009889
Insider Transaction Report
Form 4
Martens Ryan A
Chief Technology Officer
Transactions
- Sale
Common Stock
2015-06-12$19.43/sh−258$5,013→ 583,562 total - Exercise of In-Money
Common Stock
2015-06-12$3.78/sh+1,325$5,009→ 583,820 total - Exercise of In-Money
Warrant to Purchase Common Stock (right to buy)
2015-06-12−1,325→ 0 totalExercise: $3.78Exp: 2018-05-20→ Common Stock (1,325 underlying)
Holdings
- 11,200(indirect: Custodian for son)
Common Stock
Footnotes (6)
- [F1]Includes 13,000 previously reported 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 10,125 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.
- [F3]Includes 7,950 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 April 25, 2016 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.
- [F4]Includes 15,000 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 January 25, 2016 such that the RSUs are fully vested on January 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.
- [F5]On June 12, 2015, the Reporting Person exercised a warrant to purchase 1,325 shares of the Issuer's common stock for $3.78 per share. The Reporting Person paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 258 shares to pay the exercise price and issuing to the Reporting Person the remaining 1,067 shares. The Issuer also paid $4.44 in cash to the Reporting Person in lieu of a fractional share.
- [F6]Immediately exercisable.
Documents
Issuer
Rally Software Development Corp
CIK 0001313911
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001313911
Filing Metadata
- Form type
- 4
- Filed
- Jun 15, 8:00 PM ET
- Accepted
- Jun 16, 3:21 PM ET
- Size
- 11.1 KB