Larson James 4

4 · Jive Software, Inc. · Filed Aug 17, 2012

Form 4

Period: 2012-08-15

Pres. Worldwide Field Ops.

Transactions

Award
Restricted Stock Units
2012-08-15+300,000→ 300,000 total
Exercise: $0.00Exp: 2016-08-16→ Common Stock (300,000 underlying)
Award
Stock Option (right to buy)
2012-08-15+200,000→ 200,000 total
Exercise: $15.75Exp: 2022-08-15→ Common Stock (200,000 underlying)
Award
Restricted Stock Units
2012-08-15+100,000→ 100,000 total
Exercise: $0.00Exp: 2017-12-31→ Common Stock (100,000 underlying)

Footnotes (4)

[F1]25% of the shares subject to the option shall vest on August 13, 2013, and 1/36 of the remainder vests in thirty-six equal monthly installments thereafter, such that full vesting shall occur on August 13, 2016.
[F2]Each restricted stock unit represents the contingent right to receive one share of JIVE common stock.
[F3]The restricted stock units shall vest as to 25% of the total granted (rounded down) on each of August 16, 2013, August 18, 2014, August 17, 2015, and August 16, 2016. Vested shares will be delivered to the reporting person as soon as practicable after vesting and no later than the date that is two and one-half (2 1/2) months from the end of JIVE's tax year that includes the vesting date.
[F4]The restricted stock units shall vest as to up to 25% of the total granted (rounded down) based on the achievement of certain performance metrics for each of 2013, 2014, 2015, and 2016. Vested shares will be delivered to the reporting person as soon as practicable after vesting and no later than the date that is two and one-half (2 1/2) months from the end of JIVE's tax year that includes the vesting date.

Documents

1 file