Filing Details

Accession Number:
0001209191-22-035940
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-06-10 16:46:56
Reporting Period:
2022-06-08
Accepted Time:
2022-06-10 16:46:56
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
1822614 Ramin Sayar 305 Main Street
Redwood City CA 94063
President And Ceo 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 Disposition 2022-06-08 4,035 $8.32 925,507 No 4 S Direct
Common Stock Acquisiton 2022-06-08 50,094 $1.15 52,756 No 4 M Indirect See footnote
Common Stock Disposition 2022-06-08 50,094 $8.32 2,662 No 4 S Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 M Indirect See footnote
No 4 S Indirect See footnote
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to buy) Disposition 2022-06-08 50,094 $0.00 50,094 $1.15
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,988,704 2024-12-02 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 7,428 Indirect See footnote
Common Stock 7,428 Indirect See footnote
Footnotes
  1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
  2. This sale price represents the weighted average sale price of the shares sold ranging from $8.15 to $8.46 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.
  3. 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.
  4. These shares are held of record by The Sayar Family Trust, for which the Reporting Person serves as co-trustee.
  5. Shares are held in trusts for the benefit of each of the Reporting Person's children. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
  6. The shares underlying this option are fully vested and immediately exercisable.