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RAMBUS INC — Director's Dealing 2020
Feb 5, 2020
30548_dirs_2020-02-05_7282d463-65f5-46d0-9b81-04203fda91bf.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: 2020-02-03
Reporting Person: Kim Jae (SVP, GC & Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-02-03 | Common Stock | F | 17173 | $16.10 | Disposed | 103408 | Direct |
| 2020-02-03 | Common Stock | A | 34615 | $0.00 | Acquired | 138023 | Direct |
| 2020-02-04 | Common Stock | S | 31379 | $16.4067 | Disposed | 106644 | 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 3, 2021 or the first business trading day thereafter. Each RSU represents a contingent right to receive one share of RMBS common stock.
F3: The sale reported on this Form 4 is pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 4, 2019
F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.24 to $16.53, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.