Strassman Mark Finn 4
4 · LogMeIn, Inc. · Filed Dec 9, 2019
Insider Transaction Report
Form 4
LogMeIn, Inc.LOGM
Strassman Mark Finn
SVP & GM, C&C
Transactions
- Tax Payment
Restricted Stock Units
2019-12-06−4,004→ 30,729 total→ Common Stock (4,004 underlying) - Exercise/Conversion
Restricted Stock Units
2019-12-06−7,573→ 23,156 total→ Common Stock (7,573 underlying) - Exercise/Conversion
Common Stock
2019-12-06+7,573→ 7,898 total
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 so that 100% of the restricted stock units shall become vested as of December 6, 2021. These restricted stock units also provide for accelerated vesting in the event of 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.