Filing Details

Accession Number:
0001209191-14-014435
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-02-26 16:37:16
Reporting Period:
2014-02-24
Filing Date:
2014-02-26
Accepted Time:
2014-02-26 16:37:16
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1420302 Logmein Inc. LOGM Services-Prepackaged Software (7372) 201515952
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1466732 K Michael Simon C/O Logmein, Inc.
320 Summer Street, Suite 100
Boston MA 02210
Ceo, President And Secretary 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 2014-02-24 3,372 $0.00 613,002 No 4 M Direct
Common Stock Acquisiton 2014-02-24 25,000 $1.25 638,002 No 4 M Direct
Common Stock Disposition 2014-02-24 21,211 $41.38 616,791 No 4 S Direct
Common Stock Disposition 2014-02-24 3,789 $41.93 613,002 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2014-02-24 1,628 $0.00 1,628 $0.00
Common Stock Restricted Stock Units Disposition 2014-02-24 3,372 $0.00 3,372 $0.00
Common Stock Stock Options (Right to Buy) Disposition 2014-02-24 25,000 $0.00 25,000 $1.25
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
8,372 2022-02-24 No 4 F Direct
5,000 2022-02-24 No 4 M Direct
145,000 2014-12-09 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 57,700 Indirect The Simon Family Children's Trust
Footnotes
  1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
  2. Sales made pursuant to a 10(b)5-1 plan adopted by the Reporting Person in accordance with Rule 10(b)5-1 of the Securities Exchange Act of 1934, as amended.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.88 to $41.87, inclusive. Upon the request of any security holder of the Issuer, or the staff of the Securities and Exchange Commission, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4 shall be provided.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.88 to $42.01, inclusive. Upon the request of any security holder of the Issuer, or the staff of the Securities and Exchange Commission, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4 shall be provided.
  5. The shares are held in a trust for the benefit of Mr. Simon's children. Mr. Simon is trustee of the trust.
  6. The restricted stock units shall vest in three equal installments over a three-year period commencing on the first anniversary of the date of grant so that 100% of the restricted stock units will be vested as of February 24, 2015.
  7. The shares of common stock underlying the restricted stock units reported as disposed herein were retained (but not issued) by the Issuer in satisfaction of tax withholding obligations associated with the vesting of such units.
  8. The restricted stock units reported as disposed herein were settled for shares of the Issuer's common stock.
  9. Vesting of the shares subject to the option commenced on the achievement of certain performance objectives, all of which have been achieved. The shares subject to the option vested in equal annual installments beginning on October 15, 2005, such that 100% of the shares subject to the option were fully vested on October 15, 2008.