4//SEC Filing
Ford W. Sean 4
Accession 0001209191-18-034338
CIK 0001420302other
Filed
May 30, 8:00 PM ET
Accepted
May 31, 4:03 PM ET
Size
14.4 KB
Accession
0001209191-18-034338
Insider Transaction Report
Form 4
LogMeIn, Inc.LOGM
Ford W. Sean
SVP & Chief Marketing Officer
Transactions
- Exercise/Conversion
Common Stock
2018-05-26+2,777→ 5,637 total - Sale
Common Stock
2018-05-29$108.41/sh−2,477$268,528→ 3,160 total - Sale
Common Stock
2018-05-29$109.80/sh−300$32,940→ 2,860 total - Tax Payment
Restricted Stock Units
2018-05-26−2,223→ 7,777 total→ Common Stock (2,223 underlying) - Exercise/Conversion
Restricted Stock Units
2018-05-26−2,777→ 5,000 total→ Common Stock (2,777 underlying)
Footnotes (7)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- [F2]Sales made pursuant to a 10(b)5-1 plan adopted by the Reporting Person in accordance with Rule 10(b)5-1 of the Securities Exchange Act of 1934, as amended.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $108.05 to $108.80, inclusive. Upon the request of any security holder of the Issuer, or the staff of the Securities and Exchange Commission, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4 shall be provided.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $109.60 to $109.90, inclusive. Upon the request of any security holder of the Issuer, or the staff of the Securities and Exchange Commission, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4 shall be provided.
- [F5]The restricted stock units shall vest in three equal installments over a three-year period commencing on the first anniversary of the date of grant so that 100% of the restricted stock units will be vested as of May 26, 2019. These restricted stock units also provide for accelerated vesting in the event that the Reporting Person's employment is terminated in connection with an acquisition of the Issuer.
- [F6]The shares of common stock underlying the restricted stock units reported as disposed herein were retained (but not issued) by the Issuer in satisfaction of tax withholding obligations associated with the vesting of such units.
- [F7]The restricted stock units reported as disposed herein were settled for shares of the Issuer's common stock.
Documents
Issuer
LogMeIn, Inc.
CIK 0001420302
Entity typeother
Related Parties
1- filerCIK 0001597965
Filing Metadata
- Form type
- 4
- Filed
- May 30, 8:00 PM ET
- Accepted
- May 31, 4:03 PM ET
- Size
- 14.4 KB