Luc Seraphin - Feb 1, 2022 Form 4 Insider Report for RAMBUS INC (RMBS)

Role
President and CEO, Director
Signature
s/ Keith Jones, by power of attorney
Stock symbol
RMBS
Transactions as of
Feb 1, 2022
Transactions value $
-$3,102,754
Form type
4
Date filed
2/2/2022, 06:34 PM
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 -$3.1M -121K -56.08% $25.56 95.1K Feb 1, 2022 Direct F1, F2
transaction RMBS Common Stock Award $0 +178K +186.86% $0.00 273K Feb 1, 2022 Direct F3
transaction RMBS Common Stock Award $0 +66.5K +24.38% $0.00 339K Feb 1, 2022 Direct F4
* 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 Includes an exempt transaction of 1,836 shares acquired through the Rambus Inc. 2015 Employee Stock Purchase plan.
F3 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.
F4 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.