Benson Steven J. 4
4 · LogMeIn, Inc. · Filed May 31, 2018
Insider Transaction Report
Form 4
LogMeIn, Inc.LOGM
Benson Steven J.
Director10% Owner
Transactions
- Award
Restricted Stock Units
2018-05-31+2,223→ 2,223 total→ Common Stock (2,223 underlying) - Exercise/Conversion
Common Stock
2018-05-31+2,144→ 3,144 total - Exercise/Conversion
Restricted Stock Units
2018-05-31−2,144→ 0 total→ Common Stock (2,144 underlying)
Footnotes (5)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- [F2]The Reporting Person was awarded these restricted stock units as compensation for services rendered as a director.
- [F3]These restricted stock units shall become fully vested on the earlier of (i) the date of the Issuer's 2019 Annual Meeting of Stockholders or (ii) May 31, 2019, subject to the Reporting Person's continued service as a director as of that date. These restricted stock units also provide for accelerated vesting in the event of an acquisition of the Issuer.
- [F4]These restricted stock units became fully vested on the date of the Issuer's 2018 Annual Meeting of Stockholders, subject to the Reporting Person's continued service as a director as of that date.
- [F5]The restricted stock units reported as disposed herein were settled for shares of the Issuer's common stock.