Steven D. Fitz - 17 Jun 2021 Form 4 Insider Report for Sumo Logic, Inc.

Role: Chief Revenue Officer
Signature: /s/ Katherine Haar, Attorney-in-fact
Issuer symbol: N/A
Transactions as of: 17 Jun 2021
Net transactions value: -$1,505,932
Form type: 4
Filing time: 22 Jun 2021, 20:08:19 UTC
Previous filing: 16 Jun 2021
Next filing: 24 Jun 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SUMO	Common Stock	Sale	$115,503	-6,046	-2.6%	$19.10	230,901	17 Jun 2021	Direct	F1, F2, F3, F4
transaction	SUMO	Common Stock	Options Exercise	$66,119	+34,437	+15%	$1.92^*	265,338	18 Jun 2021	Direct	F4
transaction	SUMO	Common Stock	Sale	$1,106,741	-50,311	-19%	$22.00	215,027	18 Jun 2021	Direct	F4, F5, F6
transaction	SUMO	Common Stock	Options Exercise	$22,345	+11,638	+5.4%	$1.92^*	226,665	21 Jun 2021	Direct	F4
transaction	SUMO	Common Stock	Sale	$372,152	-16,916	-7.5%	$22.00	209,749	21 Jun 2021	Direct	F4, 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	-34,437	-4.9%	$0.000000	663,892	18 Jun 2021	Common Stock	34,437	$1.92	Direct	F8
transaction	SUMO	Stock Option (right to buy)	Options Exercise	$0	-11,638	-1.8%	$0.000000	652,254	21 Jun 2021	Common Stock	11,638	$1.92	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 $19.102 to $19.106 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	Includes 957 shares acquired under the Issuer's Employee Stock Purchase Plan on June 15, 2021.
F4	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.
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 $22.04 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 $22.005 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 vested as to 1/4th of the total shares on November 5, 2019 with 1/48th of the total shares vesting monthly thereafter, subject to the Reporting Person's continued role as a service provider to the Issuer.