LogMeIn, Inc. 4
4 · LogMeIn, Inc. · Filed Sep 16, 2016
Insider Transaction Report
Form 4
LogMeIn, Inc.LOGM
CHAMBERS STEVEN G
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2016-09-11−5,250→ 0 total→ Common Stock (5,250 underlying) - Exercise/Conversion
Common Stock
2016-09-11+5,250→ 5,960 total
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- [F2]These restricted stock units vested in two equal installments over a two year period, with 50% of the restricted stock units that vested on September 11, 2015 and the remaining 50% that vested on September 11, 2016, each vesting subject to the Registrant's continued service as a director. These restricted stock units also provided for accelerated vesting in the event of an acquisition of the Issuer.
- [F3]The restricted stock units reported as disposed herein were settled for shares of the Issuer's common stock.