4//SEC Filing
Sayar Ramin 4
Accession 0001209191-22-049302
CIK 0001643269other
Filed
Sep 8, 8:00 PM ET
Accepted
Sep 9, 4:07 PM ET
Size
13.2 KB
Accession
0001209191-22-049302
Insider Transaction Report
Form 4
Sumo Logic, Inc.SUMO
Sayar Ramin
DirectorPresident and CEO
Transactions
- Sale
Common Stock
2022-09-08$8.60/sh−4,035$34,697→ 820,908 total - Sale
Common Stock
2022-09-08$8.60/sh−50,094$430,758→ 2,662 total(indirect: See footnote) - Exercise/Conversion
Common Stock
2022-09-08$1.15/sh+50,094$57,608→ 52,756 total(indirect: See footnote) - Exercise/Conversion
Stock Option (right to buy)
2022-09-08−50,094→ 1,838,422 totalExercise: $1.15Exp: 2024-12-02→ Common Stock (50,094 underlying)
Holdings
- 7,428(indirect: See footnote)
Common Stock
- 7,428(indirect: See footnote)
Common Stock
Footnotes (6)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- [F2]This sale price represents the weighted average sale price of the shares sold ranging from $8.21 to $8.71 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.
- [F3]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.
- [F4]These shares are held of record by The Sayar Family Trust, for which the Reporting Person serves as co-trustee.
- [F5]Shares are held in trusts for the benefit of each of the Reporting Person's children. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- [F6]The shares underlying this option are fully vested and immediately exercisable.
Documents
Issuer
Sumo Logic, Inc.
CIK 0001643269
Entity typeother
Related Parties
1- filerCIK 0001822614
Filing Metadata
- Form type
- 4
- Filed
- Sep 8, 8:00 PM ET
- Accepted
- Sep 9, 4:07 PM ET
- Size
- 13.2 KB