Patel Dharti 4
4 · SVMK Inc. · Filed Feb 18, 2021
Insider Transaction Report
Form 4
SVMK Inc.SVMK
Patel Dharti
Chief Accounting Officer
Transactions
- Disposition to Issuer
Common Stock
2021-02-17$21.17/sh−1,885$39,905→ 79,668 total - Disposition to Issuer
Common Stock
2021-02-18$21.27/sh−702$14,928→ 78,966 total - Disposition to Issuer
Common Stock
2021-02-18$22.08/sh−537$11,856→ 78,429 total - Award
Non-qualified Stock Option (Right to Buy)
2021-02-16+20,000→ 20,000 totalExercise: $21.99Exp: 2031-02-16→ Common Stock (20,000 underlying)
Footnotes (6)
- [F1]These shares were automatically sold to cover tax withholding obligations in connection with the vesting of restricted stock units.
- [F2]Certain of these securities are restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock, subject to the applicable vesting schedule and conditions.
- [F3]Shares were sold pursuant to a duly adopted 10b5-1 trading plan, which was entered into in accordance with the Issuer's insider trading policy and provides for periodic sales as part of a liquidity and diversification strategy.
- [F4]This transaction was executed in multiple trades at prices ranging from $20.73 to $21.71. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F5]This transaction was executed in multiple trades at prices ranging from $21.96 to $22.32. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F6]The option, granted for 20,000 shares, vests as to 1/12th of the shares on 05/15/2021 and an additional 1/12th of the total number of option shares vest quarterly thereafter, subject to the Reporting Person's continued employment or service to the Company until fully vested.