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
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- 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.
- 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.
- 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.
- The shares are held in a trust for the benefit of Mr. Simon's children. Mr. Simon is trustee of the trust.
- 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.
- 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.
- The restricted stock units reported as disposed herein were settled for shares of the Issuer's common stock.
- 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.