Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ALRM | Common Stock | Sale | -$1.16M | -14.1K | -0.83% | $82.29 | 1.68M | May 14, 2021 | By LLC | F1, F2 |
transaction | ALRM | Common Stock | Award | $0 | +25K | +10.39% | $0.00 | 266K | May 15, 2021 | Direct | F3, F4 |
holding | ALRM | Common Stock | 280K | May 14, 2021 | By Gift Trust | F5 | |||||
holding | ALRM | Common Stock | 9.86K | May 14, 2021 | By Footings Advancement Trust | F6 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ALRM | Employee Stock Option (Right to Buy) | Award | $0 | +30K | $0.00 | 30K | May 15, 2021 | Common Stock | 30K | $82.51 | Direct | F7 |
Id | Content |
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F1 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.03 - $82.65, 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 within the range set forth in this footnote to this Form 4. |
F2 | These shares are owned by Backbone Partners, LLC ("Backbone"). The Reporting Person has the sole power to vote and dispose of the shares held by Backbone. The Reporting Person disclaims beneficial ownership of the shares owned by Backbone except to the extent, if any, of his pecuniary interest therein. |
F3 | This security represents restricted stock units (the "RSUs") granted under the Issuer's 2015 Equity Incentive Plan, as amended. Each RSU represents a contingent right to receive one share of common stock of the Issuer. |
F4 | The RSUs shall vest in five (5) equal annual installments beginning on May 15, 2022, such that the RSUs shall be fully vested on May 15, 2026, subject to the Reporting Person's continued service with the Issuer through each such date. |
F5 | These shares are owned by the Stephen Trundle 2015 Gift Trust (the "Trust"). Certain members of the Reporting Person's immediate family are beneficiaries of the Trust. The Reporting Person disclaims beneficial ownership of the shares owned by the Trust except to the extent, if any, of his pecuniary interest therein. |
F6 | These shares are owned by the Footings Advancement Trust (the "Advancement Trust"). The Reporting Person has the sole power to vote and dispose of the shares held by the Advancement Trust and certain members of the Reporting Person's immediate family are beneficiaries. The Reporting Person disclaims beneficial ownership of the shares owned by the Advancement Trust except to the extent, if any, of his pecuniary interest therein. |
F7 | This option shall vest and become exercisable on May 15, 2026, subject to the Reporting Person's continued service with the Issuer. |