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RAMBUS INC — Director's Dealing 2018
Feb 6, 2018
30548_dirs_2018-02-05_39279810-ac76-47ee-b672-de4128809c8e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: RAMBUS INC (RMBS)
CIK: 0000917273
Period of Report: 2018-02-01
Reporting Person: STARK LAURA (SVP, GM ESD)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-02-01 | Common Stock | F | 4557 | $12.84 | Disposed | 194651 | Direct |
| 2018-02-01 | Common Stock | A | 20766 | $0.00 | Acquired | 215417 | Direct |
| 2018-02-01 | Common Stock | A | 27436 | $0.00 | Acquired | 242853 | Direct |
| 2018-02-02 | Common Stock | F | 7263 | $12.72 | Disposed | 235590 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-02-01 | Employee stock option (right to buy) | $12.84 | A | 39108 | Acquired | 2028-02-01 | Common Stock (39108) | Direct |
Footnotes
F1: The shares were withheld to cover the Reporting Person's tax liability in connection with the vesting of restricted stock units, or RSUs.
F2: The shares are represented by RSUs which vest in four equal annual installments beginning on February 1, 2019 or the first business trading day thereafter. Each RSU represents a contingent right to receive one share of RMBS common stock.
F3: The shares are represented by performance restricted stock units, or PRSUs, all of which vest on February 1, 2020 based upon assessed achievement of the Company's targeted pro forma operating margin for fiscal year 2016 and continued service to the Company through the vesting date. Each PRSU represents a contingent right to receive one share of RMBS common stock.
F4: One-tenth of the shares subject to the option vest on August 1, 2018 and the remaining shares vest in equal monthly installments until fully vested on February 1, 2022.