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RAMBUS INC — Director's Dealing 2022
Apr 20, 2022
30548_dirs_2022-04-19_46d6b731-9ea4-46b9-8c6a-a958683ef64c.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: 2022-04-18
Reporting Person: Seraphin Luc (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-04-18 | Common Stock | M | 1421 | $12.84 | Acquired | 252603 | Direct |
| 2022-04-18 | Common Stock | S | 1421 | $25.7812 | Disposed | 251182 | Direct |
| 2022-04-18 | Common Stock | M | 704 | $12.80 | Acquired | 251886 | Direct |
| 2022-04-18 | Common Stock | S | 704 | $25.7954 | Disposed | 251182 | Direct |
| 2022-04-18 | Common Stock | S | 10375 | $25.7649 | Disposed | 240807 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-04-18 | Employee stock option (right to buy) | $12.84 | M | 1421 | Disposed | 2028-02-01 | Common Stock (1421) | Direct |
| 2022-04-18 | Employee stock option (right to buy) | $12.80 | M | 704 | Disposed | 2027-02-01 | Common Stock (704) | Direct |
Footnotes
F1: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted on December 13, 2021.
F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.60 to $25.91, 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.
F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.59 to $25.94, 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.
F4: The option award vests as to 10% of the granted shares on August 1, 2018, and the remaining shares vest monthly thereafter until fully vested on February 1, 2022.
F5: The option award vests as to 10% of the granted shares on August 1, 2017, and the remaining shares vest monthly thereafter until fully vested on February 1, 2021.