Filing Details

Accession Number:
0001209191-16-107994
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-03-11 21:54:44
Reporting Period:
2016-03-09
Filing Date:
2016-03-11
Accepted Time:
2016-03-11 21:54:44
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1452751 Nimble Storage Inc NMBL Computer Storage Devices (3572) 261418899
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1504467 Suresh Vasudevan C/O Nimble Storage
211 River Oaks Parkway
San Jose CA 95134
Chief Executive Officer 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 2016-03-09 175,000 $0.00 1,092,659 No 4 A Direct
Common Stock Acquisiton 2016-03-09 15,830 $0.00 1,108,489 No 4 A Direct
Common Stock Disposition 2016-03-10 15,830 $7.11 1,092,659 No 4 S Direct
Common Stock Disposition 2016-03-11 12,593 $7.36 1,080,066 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 A Direct
No 4 S Direct
No 4 S Direct
Footnotes
  1. Each restricted stock unit represents a right to receive one share of the Issuer's common stock. One-sixth (1/6th) of the restricted stock units will vest on September 10, 2016, and one-sixth (1/6th) of the restricted stock units vest every six months thereafter.
  2. Does not include 63,758 shares underlying performance restricted stock units reported in a Form 4 filed on February 9, 2015 that were forfeited because the Company did not achieve the specified performance criteria.
  3. These restricted stock units were awarded pursuant to the Company's annual incentive plan for fiscal year 2016 in lieu of a cash payment. Each restricted stock unit represents a right to receive one share of the Issuer's common stock. 100% of the restricted stock units vested on March 9, 2016.
  4. The sales of these restricted stock units were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 4, 2015.
  5. The reported price is a weighted average sale price for multiple sale transactions ranging from a low sale price of $7.07 to a high sale price of $7.16. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request from the staff of the Securities and Exchange Commission, the Issuer or a stockholder of the Issuer.
  6. Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of certain restricted stock units. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
  7. The reported price is a weighted average sale price for multiple sale transactions ranging from a low sale price of $7.21 to a high sale price of $7.48. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request from the staff of the Securities and Exchange Commission, the Issuer or a stockholder of the Issuer.