Fitz Steven D 4
4 · Sumo Logic, Inc. · Filed Jun 24, 2021
Insider Transaction Report
Form 4
Sumo Logic, Inc.SUMO
Fitz Steven D
Chief Revenue Officer
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2021-06-22−11,525→ 640,729 totalExercise: $1.92Exp: 2026-12-05→ Common Stock (11,525 underlying) - Exercise/Conversion
Common Stock
2021-06-22$1.92/sh+11,525$22,128→ 221,274 total - Sale
Common Stock
2021-06-22$22.10/sh−12,235$270,406→ 209,039 total
Footnotes (4)
- [F1]Certain of these shares are represented by previously reported RSUs. Each RSU represents the Reporting Person's right to receive one share of Common Stock of the Issuer subject to the applicable vesting schedule and the Reporting Person continuing to be a Service Provider through each such date.
- [F2]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 8, 2021.
- [F3]This sale price represents the weighted average sale price of the shares sold ranging from $22.00 to $22.50 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- [F4]The shares underlying this option vested as to 1/4th of the total shares on November 5, 2019 with 1/48th of the total shares vesting monthly thereafter, subject to the Reporting Person's continued role as a service provider to the Issuer.