Filing Details

Accession Number:
0001012975-12-000190
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-06-05 16:54:17
Reporting Period:
2012-06-01
Filing Date:
2012-06-05
Accepted Time:
2012-06-05 16:54:17
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
1466391 J. Steven Benson C/O Prism Venture Partners
177 Kendrick Street Suite 200
Needham MA 02494
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 Disposition 2012-06-01 20,000 $31.34 830,000 No 4 S Indirect Prism Venture Partners IV, L.P.
Common Stock Disposition 2012-06-04 40,000 $31.22 790,000 No 4 S Indirect Prism Venture Partners IV, L.P.
Common Stock Disposition 2012-06-05 45,000 $31.11 745,000 No 4 S Indirect Prism Venture Partners IV, L.P.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect Prism Venture Partners IV, L.P.
No 4 S Indirect Prism Venture Partners IV, L.P.
No 4 S Indirect Prism Venture Partners IV, L.P.
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option Disposition 2012-06-01 5,000 $0.00 5,000 $31.57
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
60,000 2019-11-05 No 4 S Direct
Footnotes
  1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Prism Venture Partners IV, L.P. ("PVP IV") on February 22, 2012.
  2. The price reflected is the weighted-average sale price for shares sold. The range of sale prices for the transactions reported was 31.16 to 31.81 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
  3. Consists of securities held directly by PVP IV. Prism Investment Partners IV, L.P. ("PIP IV") is the sole general partner of PVP IV. Prism Venture Partners IV, LLC ("PVP IV LLC") is the sole general partner of PIP IV. Steven J. Benson ("Benson") is a member of PVP IV LLC. Benson may be deemed to beneficially own the shares held by PVP IV, but Benson disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
  4. The price reflected is the weighted-average sale price for shares sold. The range of sale prices for the transactions reported was 30.96 to 31.58 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
  5. The shares subject to the option vest in eight equal installments every three months beginning on November 5, 2009 so long as the Reporting Person continues to serve as a director of the Issuer on such dates, such that 100% of the shares subject to the option will be fully vested on November 5, 2012.
  6. The Reporting Person was awarded this option as compensation for services rendered as a director in accordance with the non-employee director option program contained in the Issuer's 2009 Stock Incentive Plan.
  7. The price reflected is the weighted-average sale price for shares sold. The range of sale prices for the transactions reported was 31.16 to 31.81 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
  8. The price reflected is the weighted-average sale price for shares sold. The range of sale prices for the transactions reported was 30.83 to 31.55 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.