Suku Krishnaraj Chettiar - Jun 17, 2021 Form 4 Insider Report for Sumo Logic, Inc. (SUMO)

Role
Chief Marketing Officer
Signature
/s/ Katherine Haar, Attorney-in-fact
Stock symbol
SUMO
Transactions as of
Jun 17, 2021
Transactions value $
-$737,080
Form type
4
Date filed
6/22/2021, 08:07 PM
Previous filing
Jun 16, 2021
Next filing
Jun 24, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SUMO Common Stock Sale -$136K -7.12K -5.11% $19.10 132K Jun 17, 2021 Direct F1, F2, F3, F4
transaction SUMO Common Stock Options Exercise $26.8K +19.4K +14.67% $1.38* 152K Jun 18, 2021 Direct F3
transaction SUMO Common Stock Sale -$574K -26.3K -17.33% $21.85 125K Jun 18, 2021 Direct F3, F5, F6
transaction SUMO Common Stock Options Exercise $3.59K +2.6K +2.07% $1.38* 128K Jun 21, 2021 Direct F3
transaction SUMO Common Stock Sale -$57.2K -2.6K -2.03% $22.00 125K Jun 21, 2021 Direct F3, F5, F7

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SUMO Stock Option (right to buy) Options Exercise $0 -19.4K -4.56% $0.00 406K Jun 18, 2021 Common Stock 19.4K $1.38 Direct F8
transaction SUMO Stock Option (right to buy) Options Exercise $0 -2.6K -0.64% $0.00 403K Jun 21, 2021 Common Stock 2.6K $1.38 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares sold to cover tax obligations in connection with the vesting of RSUs.
F2 This sale price represents the weighted average sale price of the shares sold ranging from $19.09 to $19.375 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 within the range set forth in this Form 4.
F3 Certain of these shares are represented by previously reported RSUs. Each RSU represents the Reporting Person's right to receive one share of Common Stock of the Issuer subject to the applicable vesting schedule and the Reporting Person continuing to be a Service Provider through each such date.
F4 Includes 1,741 shares acquired under the Issuer's Employee Stock Purchase Plan.
F5 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 8, 2021.
F6 This sale price represents the weighted average sale price of the shares sold ranging from $21.33 to $22.02 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 within the range set forth in this Form 4.
F7 This sale price represents the weighted average sale price of the shares sold ranging from $22.00 to $22.01 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 within the range set forth in this Form 4.
F8 The shares underlying this option are fully vested and immediately exercisable.