Home > Insider Trading > Filing (0001209191-16-110276)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
890264	Exa Corp	EXA	Services-Prepackaged Software (7372)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1550583	Hudong Chen	55 Network Drive Burlington MA 01803	Chief Scientific Ofc., Sr. Vp	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	2016-03-21	10,000	$12.02	74,426	No	4	S	Direct
Common Stock	Disposition	2016-03-21	10,000	$12.01	64,426	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
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	Employee Stock Option (Right to Buy)	Acquisiton	2016-03-21	5,013	$0.00	5,013	$9.27

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
10,144	2016-03-21	2024-06-10	No	4	A	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	5,900	Indirect	By daughter
Common Stock	20,000	Indirect	By wife

Footnotes

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 4, 2016.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.00 to $12.08, inclusive. The reporting person undertakes to provide to Exa Corporation, any security holder of Exa Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.00 to $12.06, inclusive. The reporting person undertakes to provide to Exa Corporation, any security holder of Exa Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
On June 10, 2014, the reporting person was granted an option to purchase up to 25,000 shares of common stock. The option vests and becomes exercisable based on Exa Corporation's satisfaction of certain performance criteria for each of the fiscal years ending January 31, 2015 and January 31, 2016. The performance criteria for the fiscal year ending January 31, 2016 were determined to have been met on March 21, 2016, resulting in the vesting of the option as to 5,013 shares.