Xianzhi Sean Fan - Feb 1, 2022 Form 4 Insider Report for RAMBUS INC (RMBS)

Role
COO
Signature
s/ Keith Jones, by power of attorney
Stock symbol
RMBS
Transactions as of
Feb 1, 2022
Transactions value $
-$1,689,286
Form type
4
Date filed
2/2/2022, 06:10 PM
Previous filing
Sep 8, 2021
Next filing
Feb 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMBS Common Stock Tax liability -$1.69M -66.1K -47.18% $25.56 74K Feb 1, 2022 Direct F1
transaction RMBS Common Stock Award $0 +116K +157.03% $0.00 190K Feb 1, 2022 Direct F2
transaction RMBS Common Stock Award $0 +58.7K +30.86% $0.00 249K Feb 1, 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares were withheld to cover the Reporting Person's tax liability in connection with the vesting of restricted stock units, or RSUs.
F2 The shares are represented by performance restricted stock units, or PRSUs, all of which vest on February 1, 2022 based upon assessed achievement of the Company's performance metrics and continued service to the Company through the vesting date. Each PRSU represents a contingent right to receive one share of RMBS common stock.
F3 The shares are represented by RSUs which vest in four equal annual installments beginning on February 1, 2023 or the first business trading day thereafter. Each RSU represents a contingent right to receive one share of RMBS common stock.