MOHAN RAVI 4
4 · Apptio Inc · Filed May 14, 2018
Insider Transaction Report
Form 4
Apptio IncAPTI
MOHAN RAVI
Director
Transactions
- Other
Stock Option (right to buy)
2018-05-10−30,000→ 0 totalExercise: $14.31Exp: 2025-11-05→ Class B Common Stock (30,000 underlying) - Other
Stock Option (right to buy)
2018-05-10+30,000→ 30,000 totalExercise: $14.31Exp: 2025-11-05→ Class A Common Stock (30,000 underlying)
Footnotes (2)
- [F1]The Company's Class B Common Stock automatically converted to Class A Common Stock on May 10, 2018, which is the date the Class B Common Stock ceased to represent at least 25% of the Issuer's outstanding common stock, as established in the Issuer's Amended and Restated Certificate of Incorporation. In connection with the conversion, outstanding options to purchase Class B Common Stock issued under the Issuer's 2011 Executive Equity Incentive Plan and 2007 Stock Plan remain unchanged, except that they now represent a right to buy shares of the Issuer's Class A Common Stock.
- [F2]1/3rd of the shares subject to the option shall become vested on September 29, 2017 and 1/36th of the shares subject to the option shall vest monthly thereafter for the next 24 months. The option is subject to an early exercise right and may be exercised in full prior to the vesting of the shares underlying the option, subject to the issuer's right of repurchase.