Filing Details
- Accession Number:
- 0001209191-21-070447
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-12-17 19:53:06
- Reporting Period:
- 2021-12-15
- Accepted Time:
- 2021-12-17 19:53:06
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1643269 | Sumo Logic Inc. | SUMO | Services-Prepackaged Software (7372) | 272234444 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1822612 | Christian Beedgen | 305 Main Street Redwood City CA 94063 | Yes | No | 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 | 2021-12-15 | 157,430 | $0.00 | 2,079,157 | No | 4 | A | Direct | |
| Common Stock | Acquisiton | 2021-12-15 | 20,000 | $0.98 | 2,099,157 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2021-12-15 | 20,000 | $14.27 | 2,079,157 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2021-12-16 | 4,104 | $14.10 | 2,075,053 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | 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 | Stock Option (right to buy) | Disposition | 2021-12-15 | 20,000 | $0.00 | 20,000 | $0.98 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 183,500 | 2024-03-04 | No | 4 | M | Direct |
Footnotes
- Each share is represented by a Restricted Stock Unit ("RSU"). One-sixteenth (1/16th) of the RSUs will vest on the first Quarterly Vesting Date following the date of the grant and on each Quarterly Vesting Date thereafter, subject to the Reporting Person continuing to be a service provider to the Issuer through each such date. A "Quarterly Vesting Date" is the first Trading Day on or after each of March 15, June 15, September 15, and December 15.
- Certain of these shares are represented by previously reported RSUs. Each RSU represents the Reporting Person's right to receive one share of Common Stock of the Issuer subject to the applicable vesting schedule and the Reporting Person continuing to be a Service Provider through each such date.
- Includes 703 shares acquired under the Issuer's Employee Stock Purchase Plan on December 15, 2021.
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person
- This sale price represents the weighted average sale price of the shares sold ranging from $13.87 to $14.75 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- Shares sold to cover tax obligations in connection with the vesting of RSUs.
- This sale price represents the weighted average sale price of the shares sold ranging from $13.642 to $14.109 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- The shares underlying this option are fully vested and immediately exercisable.
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