Filing Details
- Accession Number:
- 0001209191-12-045648
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-09-14 21:29:56
- Reporting Period:
- 2012-09-14
- Filing Date:
- 2012-09-14
- Accepted Time:
- 2012-09-14 21:29:56
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1383729 | Fusion-Io Inc. | FIO | Computer Storage Devices (3572) | 204232255 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1521969 | A. David Flynn | C/O Fusion-Io, Inc. 2855 E. Cottonwood Pkwy, Suite 100 Salt Lake City UT 84121 | Chairman, Ceo & President | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2012-09-14 | 99,550 | $0.65 | 507,197 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2012-09-14 | 99,550 | $30.09 | 407,647 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2012-09-14 | 99,550 | $30.09 | 3,840,147 | No | 4 | S | Indirect | by Sandusky Investments, LLC |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Indirect | by Sandusky Investments, LLC |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee stock option (right to buy) | Disposition | 2012-09-14 | 99,550 | $0.00 | 99,550 | $0.65 |
| Common Stock | Employee stock option (right to buy) | Acquisiton | 2012-09-14 | 225,000 | $0.00 | 225,000 | $30.15 |
| Common Stock | Restricted Stock Units | Acquisiton | 2012-09-14 | 225,000 | $0.00 | 225,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 706,726 | 2019-06-01 | No | 4 | M | Direct | |
| 225,000 | 2019-09-13 | No | 4 | A | Direct | |
| 225,000 | No | 4 | A | Direct |
Footnotes
- Pursuant to a Rule 10b5-1 trading plan established by the Reporting Person.
- This price represents the weighted average sale price for various open-market sales through a broker-dealer ranging from $30.00 per share to $30.44 per share. Full information regarding the number of shares sold at each price will be provided upon request from the SEC, the Issuer or a security holder.
- Pursuant to a Rule 10b5-1 trading plan established by Sandusky Investments, LLC.
- Sandusky Investments, LLC. is controlled by Mr. Flynn and co-owned by Mr. Flynn. Mr. Flynn disclaims beneficial ownership of the shares held by Sandusky Investments, LLC. except to the extent of his pecuniary interest therein. Note that the name of the entity has been corrected herein from Sandusky Investments, Ltd. to Sandusky Investments, LLC.
- 35,970 shares subject to the option become exercisable on the 3rd day of each month until April 3, 2013.
- The stock option award is subject to a performance-based metric related to revenue. If the metric is not achieved, the award will terminate. If the revenue metric is achieved, the option will become subject to a service-based vesting in equal monthly installments over 12 months beginning on January 1, 2016.
- The award vests as to 1/4th of the shares subject to the award on February 15, 2016, and 1/4th of the shares subject to the award vest quarterly thereafter, subject to the Reporting Persons continued service.
- Not applicable.
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