Accession Number: | 0001209191-19-031191 |
Date: | 2019-05-16 |
Issuer: | SVMK INC. (SVMK) |
Original Submission Date: |
BLUM LORA D
C/O SVMK INC.
ONE CURIOSITY WAY
SAN MATEO, CA 94403
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2019-05-16 | S | 4,011 | d | $16.39 | 132,598 | direct | ||
COMMON STOCK | 2019-05-17 | S | 4,389 | d | $17.09 | 128,209 | direct | ||
COMMON STOCK | 2019-05-17 | M | 3,000 | a | $12.35 | 131,209 | direct | ||
COMMON STOCK | 2019-05-17 | S | 3,000 | d | $17.00 | 128,209 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) | 12.35 | 2019-05-17 | deemed execution date | M | 3,000 (d) | 2029-02-15 | common stock 3,000 | $12.35 | 97,000 | direct |
ID | footnote |
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f1 | these shares were automatically sold to cover tax withholding obligations in connection with the vesting of restricted stock units. |
f2 | certain of these securities are restricted stock units. each restricted stock unit represents a contingent right to receive one share of issuer's common stock, subject to the applicable vesting schedule and conditions. |
f3 | shares were sold pursuant to a duly adopted 10b5-1 trading plan, which was entered into in accordance with the issuer's insider trading policy and provides for periodic sales as part of a liquidity and diversification strategy |
f4 | this transaction was executed in multiple trades at prices ranging from $17.0300.78 to $17.2000. the price reported above reflects the weighted average sale price. the reporting person hereby undertakes to provide upon request to the sec staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |
f5 | the option, originally granted for 100,000 shares, of which 3,000 shares have been exercised, vested as to 1/12th of the shares on 05/15/2019, and 1/12th of the total number of option shares will vest quarterly thereafter for 11 quarters, subject to the reporting person's continued employment or service to the company until fully vested. |