4//SEC Filing
FUSION-IO, INC. 4
Accession 0001209191-13-031723
CIK 0001383729operating
Filed
Jun 10, 8:00 PM ET
Accepted
Jun 11, 8:48 PM ET
Size
37.4 KB
Accession
0001209191-13-031723
Insider Transaction Report
Form 4
Flynn David A.
DirectorChairman, CEO & President
Transactions
- Exercise/Conversion
Common Stock
2013-06-07+18,750→ 18,750 total(indirect: by DAF Ventures, Ltd.) - Gift
Employee Stock Option (right to buy)
2012-12-12+520,000→ 520,000 total(indirect: by DAF Ventures, Ltd.)Exercise: $19.00Exp: 2021-09-29→ Common Stock (520,000 underlying) - Exercise/Conversion
Restricted Stock Units
2013-06-07−18,750→ 206,250 total(indirect: by DAF Ventures, Ltd.)Exercise: $0.00→ Common Stock (18,750 underlying) - Gift
Employee Stock Option (right to buy)
2012-12-12+225,000→ 225,000 total(indirect: by DAF Ventures, Ltd.)Exercise: $30.15Exp: 2019-09-13→ Common Stock (225,000 underlying) - Gift
Restricted Stock Units
2012-12-12−225,000→ 0 totalExercise: $0.00→ Common Stock (225,000 underlying) - Gift
Restricted Stock Units
2012-12-12+225,000→ 225,000 total(indirect: by DAF Ventures, Ltd.)Exercise: $0.00→ Common Stock (225,000 underlying) - Gift
Common Stock
2012-12-12−100,000→ 307,647 total - Gift
Employee Stock Option (right to buy)
2012-12-12−260,759→ 2,097,570 totalExercise: $1.96Exp: 2020-05-27→ Common Stock (260,759 underlying) - Gift
Employee Stock Option (right to buy)
2012-12-12−520,000→ 0 totalExercise: $19.00Exp: 2021-09-29→ Common Stock (520,000 underlying) - Gift
Common Stock
2012-12-14−100,000→ 207,647 total - Gift
Employee Stock Option (right to buy)
2012-12-12+260,759→ 260,759 total(indirect: by DAF Ventures, Ltd.)Exercise: $1.96Exp: 2020-05-27→ Common Stock (260,759 underlying) - Gift
Employee Stock Option (right to buy)
2012-12-12−460,938→ 39,062 totalExercise: $5.12Exp: 2021-01-24→ Common Stock (460,938 underlying) - Gift
Employee Stock Option (right to buy)
2012-12-12+460,938→ 460,938 total(indirect: by DAF Ventures, Ltd.)Exercise: $5.12Exp: 2021-01-24→ Common Stock (460,938 underlying) - Gift
Employee Stock Option (right to buy)
2012-12-12−225,000→ 0 totalExercise: $30.15Exp: 2019-09-13→ Common Stock (225,000 underlying)
Holdings
- 3,760,147(indirect: By LLC)
Common Stock
Footnotes (7)
- [F1]DAF Ventures, Ltd. is controlled by Mr. Flynn and co-owned by Mr. Flynn. Mr. Flynn disclaims beneficial ownership of the shares held by DAF Ventures, Ltd. except to the extent of his pecuniary interest therein.
- [F2]Sandusky Investments, LLC. is controlled by Mr. Flynn and co-owned by Mr. Flynn. Mr. Flynn disclaims beneficial ownership of the shares held by Sandusky Investments, LLC. except to the extent of his pecuniary interest therein. Note that the name of the entity has been corrected herein from Sandusky Investments, Ltd. to Sandusky Investments, LLC.
- [F3]This award is fully exercisable as of June 7, 2013, pursuant to the separation agreement between the Issuer and Mr. Flynn dated May 30, 2013, which accelerated the unvested portion of the award.
- [F4]62,500 shares subject to this award are exercisable as of June 7, 2013, reflecting acceleration of a portion of this award. Pursuant to the separation agreement between the Issuer and Mr. Flynn dated May 30, 2013, the vesting terms of the remainder of this award were modified to provide that this award vests as to 1/12th of the remaining shares subject to this award on June 7, 2013, and 1/12th of the remaining shares subject to this award vest monthly thereafter, subject to the Mr. Flynn's continued service through each such date. This award was originally granted for 500,000 shares and would have vested as to 1/24th of the shares subject to this award in equal monthly installments beginning February 25, 2014, subject to the Mr. Flynn's continued service.
- [F5]335,833 shares subject to this award are exercisable as of June 7, 2013, reflecting acceleration of a portion of this award. Pursuant to the separation agreement between the Issuer and Mr. Flynn dated May 30, 2013, the vesting terms of the remainder of this award were modified to provide that this award vests as to 1/12th of the remaining shares subject to this award on June 7, 2013, and 1/12th of the remaining shares subject to this award vest monthly thereafter, subject to the Mr. Flynn's continued service through each such date. This award was originally granted for 520,000 shares and would have vested as to 1/48th of the shares subject to this award each month from the grant date, subject to the Mr. Flynn's continued service.
- [F6]Pursuant to the separation agreement between the Issuer and Mr. Flynn dated May 30, 2013, the vesting terms of the award were modified to provide that the award vests as to 1/12th of the shares subject to the award on June 7, 2013, and 1/12th of the shares subject to the award vest monthly thereafter, subject to the Mr. Flynn's continued service through each such date. This award was originally subject to a performance-based metric related to revenue. If the metric was not achieved, the award would terminate. If the revenue metric was achieved, the option would have become subject to a service-based vesting in equal monthly installments over 12 months beginning on January 1, 2016.
- [F7]Pursuant to the separation agreement between the Issuer and Mr. Flynn dated May 30, 2013, the vesting terms of the award were modified to provide that the award vests as to 1/12th of the shares subject to the award on June 7, 2013, and 1/12th of the shares subject to the award vest monthly thereafter, subject to the Mr. Flynn's continued service through each such date. This award was originally granted for 225,000 shares and would have vested as to 1/4th of the shares subject to the award on February 15, 2016, and as to 1/4th of the shares subject to the award quarterly thereafter, subject to Mr. Flynn's continued service.
Documents
Issuer
FUSION-IO, INC.
CIK 0001383729
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001383729
Filing Metadata
- Form type
- 4
- Filed
- Jun 10, 8:00 PM ET
- Accepted
- Jun 11, 8:48 PM ET
- Size
- 37.4 KB