Filing Details

Accession Number:
0001179110-15-003045
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-02-20 16:14:28
Reporting Period:
2015-02-18
Filing Date:
2015-02-20
Accepted Time:
2015-02-20 16:14:28
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1182325 Tangoe Inc TNGO Services-Prepackaged Software (7372) 061571143
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1526492 Gary Martino C/O Tangoe, Inc.
35 Executive Boulevard
Orange CT 06477
Chief Financial Officer No 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 Disposition 2015-02-18 6,000 $12.68 271,486 No 4 S Direct
Common Stock Acquisiton 2015-02-19 18,715 $0.00 290,201 No 4 A Direct
Common Stock Acquisiton 2015-02-19 55,000 $0.00 345,201 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 A Direct
No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 14,478 Indirect held by children
Footnotes
  1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 28, 2014.
  2. The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $12.57 to $12.75 per share. The reporting person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the issuer, or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
  3. Represents 194,819 shares of common stock and 76,667 restricted stock units ("RSUs").
  4. The securities acquired are performance-based restricted stock units ("PSUs") previously granted to the reporting person under the issuer's 2011 Stock Incentive Plan, for which the performance-based criteria have now been satisfied. The PSUs vested as to 20% of the total number of shares on February 19, 2015, and vest as to an additional 20% of the total number of shares each quarter thereafter until February 19, 2016.
  5. Represents 194,819 shares of common stock and 95,382 RSUs/PSUs.
  6. The securities acquired are RSUs granted to the reporting person under the issuer's 2011 Stock Incentive Plan. Each RSU represents the right to receive one share of common stock upon vesting. The RSUs vest as to one-ninth of the original number of shares on February 19, 2016, and as to an additional one-ninth of the original number of shares each quarter thereafter until February 19, 2018.
  7. Represents 213,563 shares of common stock and 131,638 RSUs/PSUs. These numbers represent the additional 55,000 RSUs, net of RSUs/PSUs that vested on February 19, 2015 resulting in the additional shares and fewer RSUs/PSUs.