Mehta Vikas D 4
4 · Anaplan, Inc. · Filed Mar 14, 2022
Insider Transaction Report
Form 4
Anaplan, Inc.PLAN
Mehta Vikas D
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2022-03-10+35,504→ 50,868 total - Sale
Common Stock
2022-03-11$45.94/sh−11,441$525,551→ 39,427 total - Exercise/Conversion
Restricted Stock Units
2022-03-10−35,504→ 147,086 total→ Common Stock (35,504 underlying)
Footnotes (2)
- [F1]The Reporting Person was granted restricted stock units ("RSUs") which represent a contingent right to receive one share of Common Stock for each RSU. The RSUs vest over 3 years with seven thirty-sixths of the RSUs vesting on March 10, 2022, and the remainder vesting in 10 equal quarterly installments, provided that the Reporting Person remains in continuous service on each vesting date. Unless otherwise provided, on each vesting date shares of Common Stock will automatically be sold to satisfy the Reporting Person's tax withholding obligations in a non-discretionary transaction.
- [F2]The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.