Jive Software, Inc. 4
4 · Jive Software, Inc. · Filed Jul 17, 2013
Insider Transaction Report
Form 4
PIERZNIK WILLIAM
GENERAL COUNSEL
Transactions
- Exercise/Conversion
Common Stock
2013-07-15$7.87/sh+1,250$9,838→ 4,113 total - Sale
Common Stock
2013-07-15$17.03/sh−1,250$21,293→ 2,863 total - Exercise/Conversion
Stock Option (right to buy)
2013-07-15−1,250→ 70,500 totalExercise: $7.87Exp: 2021-05-05→ Common Stock (1,250 underlying)
Footnotes (3)
- [F1]The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 14, 2013.
- [F2]The sale price for this transaction reported in column 4 of Table I represents the weighted average sale price of the shares sold, ranging from $16.89 to $17.27 per share. Upon request by the Commission staff, the Issuer or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- [F3]An option representing the right to purchase a total of 85,000 shares was exercised in part prior to the date on which the Reporting Person became subject to Section 16. 25% of the shares underlying the entire option vested on May 1, 2012, and an additional 1/36 of the remaining amount of the entire option vests monthly over the 36 months thereafter with full vesting occurring on May 1, 2015.