SERVICESOURCE INTERNATIONAL, INC. 4
4 · SERVICESOURCE INTERNATIONAL, INC. · Filed Jun 12, 2017
Insider Transaction Report
Form 4
Delaney Brian James
Chief Operating Officer
Transactions
- Tax Payment
Common Stock
2017-06-09$3.58/sh−27,110$97,054→ 490,534 total
Footnotes (2)
- [F1]Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with vesting of certain RSUs previously reported in Table I as required following the grant date. This sale is mandated by the Issuer's election under its equity incentive plan requiring satisfaction of tax withholding obligations by a "sell to cover" transaction, and does not represent a discretionary trade by the reporting person.
- [F2]This transaction was executed in multiple trades during the day at prices ranging from $3.52 to $3.66. The weighted-average price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected.