Suku Krishnaraj Chettiar - 03 Sep 2021 Form 4 Insider Report for Sumo Logic, Inc.

Role
Chief Marketing Officer
Signature
/s/ Katherine Haar, Attorney-in-fact
Issuer symbol
N/A
Transactions as of
03 Sep 2021
Net transactions value
-$329,963
Form type
4
Filing time
08 Sep 2021, 16:04:19 UTC
Previous filing
24 Jun 2021
Next filing
17 Sep 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 Options Exercise $12,144 +8,800 +7% $1.38* 134,173 03 Sep 2021 Direct F1
transaction SUMO Common Stock Sale $193,600 -8,800 -6.6% $22.00 125,373 03 Sep 2021 Direct F1, F2
transaction SUMO Common Stock Options Exercise $9,936 +7,200 +5.7% $1.38* 132,573 07 Sep 2021 Direct F1
transaction SUMO Common Stock Sale $158,443 -7,200 -5.4% $22.01 125,373 07 Sep 2021 Direct F1, F2, F3

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 -8,800 -2.2% $0.000000 394,200 03 Sep 2021 Common Stock 8,800 $1.38 Direct F4
transaction SUMO Stock Option (right to buy) Options Exercise $0 -7,200 -1.8% $0.000000 387,000 07 Sep 2021 Common Stock 7,200 $1.38 Direct F4
* 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 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.
F3 This sale price represents the weighted average sale price of the shares sold ranging from $22.00 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.
F4 The shares underlying this option are fully vested and immediately exercisable.