Gigamon Inc. 4
4 · Gigamon Inc. · Filed Feb 17, 2017
Insider Transaction Report
Form 4
Gigamon Inc.GIMO
Merchant Shehzad
Chief Strategy Officer
Transactions
- Exercise/Conversion
Common Stock
2017-02-15+7,475→ 53,121 total - Tax Payment
Common Stock
2017-02-15$34.95/sh−4,235$148,013→ 49,435 total - Exercise/Conversion
Performance-Based Restricted Stock Units
2017-02-15−7,475→ 22,425 totalExercise: $0.00→ Common Stock (7,475 underlying)
Footnotes (5)
- [F1]Represents the shares vested upon the achievement of certain performance-based vesting criteria of the performance-based restricted stock units ("PRSUs") reported in a Form 4 filed on February 17, 2016.
- [F2]The reported shares were withheld to cover the Reporting Person's tax liability in connection with the vesting of restricted stock units and PRSUs.
- [F3]Includes 549 shares acquired by the Reporting Person under the Issuer's 2013 Employee Stock Purchase Plan on February 15, 2017.
- [F4]25% of the PRSUs vested on February 15, 2017 with 1/16th of the shares to vest on the 15th of each of May, August, November and February thereafter.
- [F5]Represents the balance of PRSUs held as restated to reflect the achievement of approximately 150% of performance criteria in the PRSU grant reported in a Form 4 filed on February 17, 2016.