4//SEC Filing
LIFELOCK, INC. 4
Accession 0001628280-16-022226
CIK 0001383871operating
Filed
Dec 27, 7:00 PM ET
Accepted
Dec 28, 5:30 PM ET
Size
12.8 KB
Accession
0001628280-16-022226
Insider Transaction Report
Form 4
LIFELOCK, INC.LOCK
Jeffries Douglas C
CHIEF ADMINISTRATIVE OFFICER
Transactions
- Exercise/Conversion
COMMON STOCK
2016-12-27$11.64/sh+32,000$372,480→ 143,351 total - Award
EMPLOYEE STOCK OPTION (RIGHT TO BUY)
2016-12-27+32,000→ 39,596 totalExercise: $11.64Exp: 2026-03-22→ COMMON STOCK (32,000 underlying) - Tax Payment
COMMON STOCK
2016-12-27$23.91/sh−20,908$499,910→ 122,443 total
Footnotes (2)
- [F1]Represents shares withheld by the registrant to satisfy the applicable exercise price and tax withholding obligations upon the net exercise of the option, based on the fair market value of a share of the registrant's common stock at the time of exercise, as determined under the LifeLock 2012 Incentive Compensation Plan.
- [F2]This option is subject to an early exercise provision with respect to 32,000 shares subject to the option. The option was early exercised as to 32,000 of the underlying shares on December 27, 2016. Early exercised shares are deemed restricted stock and are subject to a repurchase option in favor of the registrant if the shares remain unvested upon termination of the reporting person's service to the registrant or its subsidiaries. The repurchase right for 25% of the total number of shares underlying this option will vest on March 22, 2017. The remaining shares underlying this option will vest at a rate of 1/48 of the total number of shares underlying this option on the twenty-second of each month thereafter for a period of 36 months.
Issuer
LIFELOCK, INC.
CIK 0001383871
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001383871
Filing Metadata
- Form type
- 4
- Filed
- Dec 27, 7:00 PM ET
- Accepted
- Dec 28, 5:30 PM ET
- Size
- 12.8 KB