LogMeIn, Inc. 4
4 · LogMeIn, Inc. · Filed Jul 5, 2013
Insider Transaction Report
Form 4
LogMeIn, Inc.LOGM
EWING MICHAEL
Chief Marketing Officer
Transactions
- Exercise/Conversion
Common Stock
2013-07-03+2,246→ 6,752 total - Exercise/Conversion
Restricted Stock Units
2013-07-03−2,246→ 6,667 totalExp: 2022-07-03→ Common Stock (2,246 underlying) - Tax Payment
Restricted Stock Units
2013-07-03−1,087→ 8,913 totalExp: 2022-07-03→ Common Stock (1,087 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 shall 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 July 3, 2015. These restricted stock units also provide for accelerated vesting in the event that the Reporting Person's employment is terminated in connection with an acquisition of the Issuer.
- [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.