Luc Seraphin - Feb 1, 2024 Form 4 Insider Report for RAMBUS INC (RMBS)

Role
President and CEO, Director
Signature
s/ Brian Wu, by power of attorney
Stock symbol
RMBS
Transactions as of
Feb 1, 2024
Transactions value $
-$9,781,161
Form type
4
Date filed
2/2/2024, 06:39 PM
Previous filing
May 16, 2023
Next filing
Feb 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMBS Common Stock Award $0 +221K +86.68% $0.00 477K Feb 1, 2024 Direct F1
transaction RMBS Common Stock Tax liability -$9.78M -144K -30.11% $68.15 333K Feb 1, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares are represented by performance restricted stock units, or PRSUs, all of which vest on February 1, 2024 based upon assessed achievement of the Company's performance metrics and continued service to the Company through the vesting date. Each PRSU represents a contingent right to receive one share of RMBS common stock.
F2 The shares were withheld to cover the Reporting Person's tax liability in connection with the vesting of restricted stock units, or RSUs.