Andrews Sara C 4
4 · LogMeIn, Inc. · Filed Jun 2, 2020
Insider Transaction Report
Form 4
LogMeIn, Inc.LOGM
Andrews Sara C
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2020-05-31−2,490→ 0 total→ Common Stock (2,490 underlying) - Exercise/Conversion
Common Stock
2020-05-30+3,161→ 5,650 total - Exercise/Conversion
Common Stock
2020-05-31+2,490→ 8,140 total - Exercise/Conversion
Restricted Stock Units
2020-05-30−3,161→ 0 total→ Common Stock (3,161 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 became fully vested on May 30, 2020, subject to the Reporting Person's continued service as a director as of that date.
- [F4]The restricted stock units reported as disposed herein were settled for shares of the Issuer's common stock.
- [F5]The restricted stock units vested in two equal installments over a two-year period, with (a) 50% of the restricted stock units becoming vested on the date of the Issuer's 2019 Annual Meeting of Stockholders; and (b) the remaining 50% of the restricted stock units becoming vested on May 31, 2020, with each vesting subject to the Reporting Person's continued service as a director as of that date.