Christian Beedgen - Sep 15, 2021 Form 4 Insider Report for Sumo Logic, Inc. (SUMO)

Role
Director
Signature
/s/ Katherine Haar, Attorney-in-fact
Stock symbol
SUMO
Transactions as of
Sep 15, 2021
Transactions value $
-$476,834
Form type
4
Date filed
9/17/2021, 07:18 PM
Previous filing
Aug 20, 2021
Next filing
Sep 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SUMO Common Stock Options Exercise $23K +23.5K +1.22% $0.98* 1.95M Sep 15, 2021 Direct F1
transaction SUMO Common Stock Sale -$423K -23.5K -1.2% $18.00 1.93M Sep 15, 2021 Direct F1, F2
transaction SUMO Common Stock Sale -$76.8K -4.29K -0.22% $17.92 1.93M Sep 15, 2021 Direct F1, F3, F4

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 -23.5K -8.69% $0.00 247K Sep 15, 2021 Common Stock 23.5K $0.98 Direct F5
* 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 Restricted Stock Units ("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 $17.45 to $18.21 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 Shares sold to cover tax obligations in connection with the vesting of RSUs.
F4 This sale price represents the weighted average sale price of the shares sold ranging from $17.921 to $18.061 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.
F5 The shares underlying this option are fully vested and immediately exercisable.