Christian Beedgen - 21 Jul 2021 Form 4 Insider Report for Sumo Logic, Inc.

Role
Director
Signature
/s/ Katherine Haar, Attorney-in-fact
Issuer symbol
N/A
Transactions as of
21 Jul 2021
Net transactions value
-$557,256
Form type
4
Filing time
23 Jul 2021, 16:15:14 UTC
Previous filing
22 Jun 2021
Next filing
20 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SUMO Common Stock Options Exercise $27,440 +28,000 +1.5% $0.9800* 1,957,312 21 Jul 2021 Direct F1
transaction SUMO Common Stock Sale $584,696 -28,000 -1.4% $20.88 1,929,312 21 Jul 2021 Direct F1, F2

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 -28,000 -8.7% $0.000000 294,000 21 Jul 2021 Common Stock 28,000 $0.9800 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 This sale price represents the weighted average sale price of the shares sold ranging from $20.35 to $21.00 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 The shares underlying this option are fully vested and immediately exercisable.