4//SEC Filing
Preuninger James W 4
Accession 0001628280-19-002718
CIK 0001314223other
Filed
Mar 7, 7:00 PM ET
Accepted
Mar 8, 9:37 PM ET
Size
8.4 KB
Accession
0001628280-19-002718
Insider Transaction Report
Form 4
Amber Road, Inc.AMBR
Preuninger James W
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2019-03-07−0→ 0 totalExercise: $0.00From: 2019-03-07Exp: 2019-03-07→ Common Stock (0 underlying) - Exercise/Conversion
Common Stock
2019-03-07+682,685→ 2,355,054 total
Footnotes (2)
- [F1]Performance Share Units ("PSUs") originally granted on July 14, 2017 in the target amount of 28,745 (for 2017) and 107,792 (for 2016) as disclosed and explained in a Form 4 on July 20, 2017, fully vested on March 7, 2019 based upon the achievement of certain performance criteria related to the registrant's adjusted EBITDA for the fiscal year ended 2018. The performance exceeded the achievement cap resulting in a 5x multiplier to the target number of PSUs.
- [F2]The 5x multiplier to the collective target number of 136,537 PSUs results in an award of 682,685 shares of common stock. Although the 682,685 shares of common stock are included in Table I, Column 5 "Amount of Securities Beneficially Owned Following Reported Transactions," Mr. Preuninger has agreed to a deferred delivery of the 682,685 shares in six approximately equal issuances on the first trading day of each month starting in July 2019 and ending in December 2019. Pursuant to a 10b5-1 trading plan that Mr. Preuninger has put in place, each issuance shall be delivered on the first trading day of each month referenced above and 50% of each issuance (representing coverage of the associated tax liability) will be sold in such a consecutive manner so as not to exceed 20,000 shares sold per trading day.
Documents
Issuer
Amber Road, Inc.
CIK 0001314223
Entity typeother
Related Parties
1- filerCIK 0001602683
Filing Metadata
- Form type
- 4
- Filed
- Mar 7, 7:00 PM ET
- Accepted
- Mar 8, 9:37 PM ET
- Size
- 8.4 KB