Shaw Seth L. 4
4 · LogMeIn, Inc. · Filed Feb 26, 2013
Insider Transaction Report
Form 4
LogMeIn, Inc.LOGM
Shaw Seth L.
Senior Vice President, Sales
Transactions
- Tax Payment
Restricted Stock Units
2013-02-24−948→ 6,552 totalExp: 2022-02-24→ Common Stock (948 underlying) - Exercise/Conversion
Common Stock
2013-02-24+1,552→ 1,552 total - Exercise/Conversion
Restricted Stock Units
2013-02-24−1,552→ 5,000 totalExp: 2022-02-24→ Common Stock (1,552 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- [F2]The restricted stock units vest in three equal installments over a three-year period commencing on the first anniversary of the date of grant so that 100% of the restricted stock units will be vested as of February 24, 2015. Vested shares will be delivered to the reporting person within five business days after such shares have become vested.
- [F3]The shares of common stock underlying the restricted stock units reported as disposed herein were retained (but not issued) by the Issuer in satisfaction of tax withholding obligations associated with the vesting of such units.
- [F4]The restricted stock units reported as disposed herein were settled for shares of the Issuer's common stock.