4//SEC Filing
REALPAGE INC 4
Accession 0001209191-16-104198
CIK 0001286225operating
Filed
Feb 29, 7:00 PM ET
Accepted
Mar 1, 7:17 PM ET
Size
7.8 KB
Accession
0001209191-16-104198
Insider Transaction Report
Form 4
Rolley Daryl
Chief Customer Officer
Transactions
- Award
Common Stock
2016-02-26+46,200→ 220,371 total - Award
Common Stock
2016-02-26+73,710→ 294,081 total
Footnotes (3)
- [F1]Restricted Stock Awarded to Reporting Person on 02/26/2016: 8.33% of the Shares shall vest each quarter, beginning on the first day of the second calendar quarter immediately following the vesting commencement date, for next twelve (12) consecutive calendar quarters.
- [F2]In a Form 4 filed on 04/03/2015, Reporting Person overreported the number of shares surrendered for payment of taxes on 04/01/2015 by a de minimus number of shares. As a result, such shares were not reflected in the post-transaction amounts in column 5 of that and all subsequent Forms 4. Beneficially owned shares are hereby updated in column 5 on this Form 4 to include such previously-omitted shares.
- [F3]Restricted Stock with Market Based Vesting Awarded to Reporting Person on 02/26/2016: Prior to July 1, 2019, 36,855 shares shall become eligible to vest, if for 20 consecutive trading days Issuer's average closing price per share of common stock equals or exceeds $27.28; an additional 36,855 shares shall also become eligible to vest if for 20 consecutive trading days Issuer's average closing price per share of common stock equals or exceeds $32.15 (collectively, the "Eligible Shares"). Eligible Shares shall vest in equal quarterly installments over the following year. All Eligible Shares shall be fully vested on July 1, 2019, or upon a Change in Control, or due to Death or Disability. Also, the remaining tranches of unvested shares shall be deemed to be Eligible Shares and shall fully vest immediately prior to a Change in Control that results in the per share value of Issuer's common stock equal to or in excess of values of each respective tranche.
Documents
Issuer
REALPAGE INC
CIK 0001286225
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001286225
Filing Metadata
- Form type
- 4
- Filed
- Feb 29, 7:00 PM ET
- Accepted
- Mar 1, 7:17 PM ET
- Size
- 7.8 KB