Filing Details
- Accession Number:
- 0001209191-17-034984
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-05-24 16:41:13
- Reporting Period:
- 2017-05-21
- Filing Date:
- 2017-05-24
- Accepted Time:
- 2017-05-24 16:41:13
- 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 |
|---|---|---|---|---|---|---|---|
| 1467057 | J Michael Donahue | C/O Logmein, Inc. 320 Summer Street Boston MA 02210 | Svp And General Counsel | 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 | Acquisiton | 2017-05-21 | 3,377 | $0.00 | 7,377 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2017-05-22 | 2,153 | $0.00 | 9,530 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2017-05-23 | 2,153 | $109.63 | 7,377 | 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 |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Units | Disposition | 2017-05-21 | 1,623 | $0.00 | 1,623 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2017-05-21 | 3,377 | $0.00 | 3,377 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2017-05-22 | 1,181 | $0.00 | 1,181 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2017-05-22 | 2,153 | $0.00 | 2,153 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 8,377 | 2025-05-21 | No | 4 | F | Direct | |
| 5,000 | 2025-05-21 | No | 4 | M | Direct | |
| 2,153 | 2024-05-22 | No | 4 | F | Direct | |
| 0 | 2024-05-22 | No | 4 | M | Direct |
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 restricted stock units 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 May 21, 2018. These restricted stock units also provide for accelerated vesting in the event that the Reporting Person's employment is terminated in connection with an acquisition of the Issuer.
- 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.
- The restricted stock units vested 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 were vested as of May 22, 2017. These restricted stock units also provided for accelerated vesting in the event that the Reporting Person's employment was terminated in connection with an acquisition of the Issuer.
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