Xianzhi Sean Fan - Feb 20, 2024 Form 4 Insider Report for RAMBUS INC (RMBS)

Role
SVP, COO
Signature
s/ Brian Wu, by power of attorney
Stock symbol
RMBS
Transactions as of
Feb 20, 2024
Transactions value $
-$110,220
Form type
4
Date filed
2/21/2024, 02:22 PM
Previous filing
Feb 13, 2024
Next filing
Mar 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMBS Common Stock Sale -$110K -2K -1.63% $55.00 121K Feb 20, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted on September 11, 2023.