Srinivasan Padmanabhan T 4
4 · LogMeIn, Inc. · Filed May 3, 2019
Insider Transaction Report
Form 4
LogMeIn, Inc.LOGM
Srinivasan Padmanabhan T
SVP & GM, CES
Transactions
- Exercise/Conversion
Restricted Stock Units
2019-05-01−1,132→ 3,208 total→ Common Stock (1,132 underlying) - Exercise/Conversion
Common Stock
2019-05-01+1,132→ 6,193 total - Tax Payment
Restricted Stock Units
2019-05-01−472→ 4,340 total→ Common Stock (472 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- [F2]The restricted stock units 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 1, 2021. 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.
- [F3]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.
- [F4]The restricted stock units reported as disposed herein were settled for shares of the Issuer's common stock.