Filing Details

Accession Number:
0001181431-11-033006
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-05-26 19:33:09
Reporting Period:
2011-05-24
Filing Date:
2011-05-26
Accepted Time:
2011-05-26 18:33:09
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1271024 Linkedin Corp LNKD Services-Computer Programming, Data Processing, Etc. (7370) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1519500 Dipchand Nishar C/O Linkedin Corporation
2029 Stierlin Court
Mountain View CA 94043
Svp Products & User Experience 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 2011-05-24 228,511 $0.00 0 No 4 J Indirect See footnote
Common Stock Disposition 2011-05-24 47,382 $0.00 0 No 4 J Indirect See footnote
Common Stock Disposition 2011-05-24 47,382 $0.00 0 No 4 J Indirect See footnote
Class A Common Stock Disposition 2011-05-24 25,000 $0.00 25,000 No 4 C Indirect See footnote
Class A Common Stock Disposition 2011-05-24 25,000 $41.85 0 No 4 S Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 J Indirect See footnote
No 4 J Indirect See footnote
No 4 J Indirect See footnote
No 4 C 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
Class A Common Stock Class B Common Stock Acquisiton 2011-05-24 228,511 $0.00 228,511 $0.00
Class A Common Stock Class B Common Stock Acquisiton 2011-05-24 47,382 $0.00 47,382 $0.00
Class A Common Stock Class B Common Stock Acquisiton 2011-05-24 47,382 $0.00 47,382 $0.00
Class A Common Stock Class B Common Stock Disposition 2011-05-24 25,000 $0.00 25,000 $0.00
Common Stock Employee Stock Option (right to buy) Disposition 2011-05-24 456,725 $0.00 456,725 $2.32
Class B Common Stock Employee Stock Option (right to buy) Acquisiton 2011-05-24 456,725 $0.00 456,725 $2.32
Common Stock Employee Stock Option (right to buy) Disposition 2011-05-24 70,000 $0.00 70,000 $3.50
Class B Common Stock Employee Stock Option (right to buy) Acquisiton 2011-05-24 70,000 $0.00 70,000 $3.50
Common Stock Employee Stock Option (right to buy) Disposition 2011-05-24 120,000 $0.00 120,000 $3.50
Class B Common Stock Employee Stock Option (right to buy) Acquisiton 2011-05-24 120,000 $0.00 120,000 $3.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
228,511 No 4 J Indirect
47,382 No 4 J Indirect
47,382 No 4 J Indirect
203,511 No 4 C Indirect
0 2019-02-24 No 4 J Direct
456,725 2019-02-24 No 4 J Direct
0 2019-11-05 No 4 J Direct
70,000 2019-11-05 No 4 J Direct
0 2019-11-05 No 4 J Direct
120,000 2019-11-05 No 4 J Direct
Footnotes
  1. Pursuant to a reclassification exempt under Rule 16b-7, each share of Common Stock automatically converted into one share of Class B Common Stock immediately prior to the closing of the Issuer's initial public offering.
  2. Shares held directly by the Nishar Family Trust dated October 8, 2008 for which the Reporting Person and his spouse serve as trustees.
  3. Shares held directly by the Dipchand V. Nishar 2009 Grantor Retained Annuity Trust dated December 2, 2009 for which the Reporting Person serves as trustee.
  4. Shares held directly by the Rashmi D. Nishar 2009 Grantor Retained Annuity Trust dated December 2, 2009 for which the Reporting Person's spouse serves as trustee.
  5. Each share of Class A Common Stock was issued upon conversion of one share of Class B Common Stock. The Reporting Person sold shares to the Underwriters in connection with the sale of shares of Class A Common Stock by the Reporting Person in the Issuer's initial public offering.
  6. Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock and has no expiration date. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common stock upon (i) the date specified by the holders of at least 66 2/3% of the outstanding shares of Class B Common Stock, (ii) any transfer (subject to certain exceptions), or (iii) the death of a natural person holding Class B Common Stock, the Class B Common Stock held by that person or his or her permitted estate planning entities will convert automatically into Class A Common Stock. The Class A Common Stock and Class B Common Stock will each convert automatically into a single class of Common Stock on the date on which the number of outstanding shares of Class B Common Stock represents less than 10% of the aggregate combined number of outstanding shares of Class A Common Stock and Class B Common Stock.
  7. Pursuant to a reclassification exempt under Rule 16b-7, each share of Common Stock underlying the reported option automatically converted into one share of Class B Common Stock immediately prior to the closing of the Issuer's initial public offering.
  8. The option, representing a right to purchase a total of 780,000 shares, was exercised in part prior to the date on which the Reporting Person became subject to Section 16. One-fourth of the shares subject to the option vested on January 5, 2010 and one forty-eighth of the shares vest monthly thereafter.
  9. One-fourth of the shares subject to the option vested on November 5, 2010 and one forty-eighth of the shares vest monthly thereafter.
  10. Shares subject to the option vest in twelve equal monthly installments beginning on December 5, 2012.