Jive Software, Inc. 4
4 · Jive Software, Inc. · Filed May 24, 2016
Insider Transaction Report
Form 4
Lautenbach Jeff
President, Worldwide Field Ops
Transactions
- Award
Stock Option (right to buy)
2016-05-23+120,000→ 120,000 totalExercise: $3.79Exp: 2020-05-23→ Common Stock (120,000 underlying) - Award
Common Stock
2016-05-23+100,000→ 286,149 total
Footnotes (2)
- [F1]Each share of JIVE common stock is represented by a restricted stock unit ("RSU"). 1/11 of the RSUs will vest quarterly beginning on the first business day on or after August 16, 2016, subject to the Reporting Person's continued service through each vesting date.
- [F2]1/4 of the shares subject to the option will vest upon achievement of certain performance targets based on the Issuer's stock price, subject to the Reporting Person's continued service at each vesting event.