Nimble Storage Inc 4
4 · Nimble Storage Inc · Filed Dec 14, 2016
Insider Transaction Report
Form 4
Murphy Denis
VP of Worldwide Sales
Transactions
- Sale
Common Stock
2016-12-12$8.32/sh−9,132$75,981→ 267,270 total
Footnotes (3)
- [F1]Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of certain restricted stock units. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
- [F2]The reported price is a weighted average sale price for multiple sale transactions ranging from a low sale price of $8.23 to a high sale price of $8.46. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request from the staff of the Securities and Exchange Commission, the Issuer or a stockholder of the Issuer.
- [F3]Does not include 12,500 shares underlying performance restricted stock units reported in a Form 4 filed on May 19, 2015 that were forfeited because the Company did not achieve the specified performance criteria.