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

Role
General Counsel and Secretary
Signature
/s/ Katherine Haar
Stock symbol
SUMO
Transactions as of
Sep 15, 2021
Transactions value $
-$35,507
Form type
4
Date filed
9/17/2021, 07:20 PM
Previous filing
Jun 22, 2021
Next filing
Dec 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction SUMO Common Stock Award $0 +19.8 K +24.09% $0.00 102 K Sep 15, 2021 Direct F1, F2
transaction SUMO Common Stock Sale -$35.5 K -1.98 K -1.94% $17.92 100 K Sep 15, 2021 Direct F2, F3, F4
holding SUMO Common Stock 12.5 K Sep 15, 2021 See footnote F5

Explanation of Responses:

Id Content
F1 Each share is represented by a Restricted Stock Unit ("RSU"). One-eighth (1/8th) of the RSUs will vest on the first Quarterly Vesting Date to occur following the one (1) year anniversary of the date of the grant and on each Quarterly Vesting Date thereafter, subject to the Reporting Person continuing to be a service provider to the Issuer through each such date. A "Quarterly Vesting Date" is the first Trading Day on or after each of March 15, June 15, September 15, and December 15.
F2 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.
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 $18.071 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 These shares are held by Katherine I. Haar, as Trustee of the Katherine I. Haar Revocable Trust dated 7/9/19.