4//SEC Filing
LINKEDIN CORP 4
Accession 0001209191-16-133324
CIK 0001271024operating
Filed
Jul 18, 8:00 PM ET
Accepted
Jul 19, 5:03 PM ET
Size
14.9 KB
Accession
0001209191-16-133324
Insider Transaction Report
Form 4
LINKEDIN CORPLNKD
Gamson Michael
SVP, Global Sales
Transactions
- Conversion
Class A Common Stock
2016-07-18+995→ 70,041 total - Sale
Class A Common Stock
2016-07-18$189.36/sh−2,596$491,587→ 67,445 total - Exercise/Conversion
Class B Common Stock
2016-07-18+995→ 107,663 total→ Class A Common Stock (995 underlying) - Conversion
Class B Common Stock
2016-07-18−995→ 106,668 total→ Class A Common Stock (995 underlying) - Exercise/Conversion
Employee Stock Option (Right to Buy)
2016-07-18−995→ 4 totalExercise: $19.63Exp: 2021-02-16→ Class B Common Stock (995 underlying)
Footnotes (5)
- [F1]Each share of Class A Common Stock was issued upon conversion of one share of Class B Common Stock at the election of the Reporting Person.
- [F2]Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock and has no expiration date. In addition, (i) each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon (A) the date specified by the holders of at least 66 2/3% of the outstanding shares of Class B Common Stock, or (B) any transfer of such share (subject to certain exceptions), and (ii) upon the death of a natural person holding shares of Class B Common Stock, each share of Class B Common Stock held by that person or any of his or her permitted estate planning entities will convert automatically into one share of Class A Common Stock.
- [F3]In addition to the events set forth in footnote 2, the Class A Common Stock and Class B Common Stock will each convert automatically into a single class of Common Stock on the date on which the number of outstanding shares of Class B Common Stock represents less than 10% of the aggregate combined number of outstanding shares of Class A Common Stock and Class B Common Stock.
- [F4]Shares were sold pursuant to a duly adopted 10b5-1 trading plan entered into in accordance with the Issuer's insider trading policy and provides for periodic sales as part of a liquidity and diversification strategy.
- [F5]One-fourth of the shares subject to the option vested on February 16, 2012 and 1/48th of the shares vest monthly thereafter.
Documents
Issuer
LINKEDIN CORP
CIK 0001271024
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001271024
Filing Metadata
- Form type
- 4
- Filed
- Jul 18, 8:00 PM ET
- Accepted
- Jul 19, 5:03 PM ET
- Size
- 14.9 KB