Home/Filings/4/0001509432-16-000166
4//SEC Filing

RPX Corp 4

Accession 0001509432-16-000166

CIK 0001509432operating

Filed

May 15, 8:00 PM ET

Accepted

May 16, 7:22 PM ET

Size

8.7 KB

Accession

0001509432-16-000166

Insider Transaction Report

Form 4
Period: 2016-05-12
Amster John A
DirectorChief Executive Officer
Transactions
  • Award

    Restricted Stock Units

    2016-05-12+88,78288,782 total
    Exercise: $0.00Common Stock (88,782 underlying)
  • Award

    Performance Units

    2016-05-12+88,78288,782 total
    Exercise: $0.00Common Stock (88,782 underlying)
Footnotes (3)
  • [F1]Each restricted stock or performance unit represents a contingent right to receive one share of Issuer's common stock. The units were awarded at no cost to Reporting Person.
  • [F2]6.25% of the stock units subject to the award will vest on May 20, 2016 and 6.25% of the shares subject to the award will vest in equal quarterly installments thereafter, provided that Reporting Person remains in continuous service through each vest date. The quarterly vest dates are February 20, May 20, August 20 and November 20.
  • [F3]1/3 of the units will vest quarterly over approximately 4 years from the date on which the average closing price per share of the Company's common stock ("ACP") has been at or above $11.91 for any period of 90 consecutive calendar days ("90-day Period"); 1/3 of the units will vest quarterly over approximately 4 years from the date on which the ACP has been at or above $12.82 for any 90-day Period; 1/3 of the units will vest quarterly over approximately 4 years from the date on which the ACP has been at or above $13.74 for any 90-day Period. The vesting conditions will not be deemed to be satisfied until and unless the Company's Compensation Committee certifies they are satisfied, at which time the units will vest on the next established quarterly vest date following such certification. Reporting Person must remain in continuous service through each vest date.

Issuer

RPX Corp

CIK 0001509432

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001509432

Filing Metadata

Form type
4
Filed
May 15, 8:00 PM ET
Accepted
May 16, 7:22 PM ET
Size
8.7 KB