Jennifer McCord - Mar 15, 2022 Form 4 Insider Report for Sumo Logic, Inc. (SUMO)

Role
Chief Accounting Officer
Signature
/s/ Katherine Haar, Attorney-in-fact
Stock symbol
SUMO
Transactions as of
Mar 15, 2022
Transactions value $
-$48,506
Form type
4
Date filed
3/17/2022, 04:31 PM
Previous filing
Dec 17, 2021
Next filing
Jun 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SUMO Common Stock Sale -$48.5K -5.42K -2.48% $8.96 213K Mar 15, 2022 Direct F1, F2, F3
holding SUMO Common Stock 15K Mar 15, 2022 See footnote F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares sold to cover tax obligations in connection with the vesting of Restricted Stock Units ("RSUs").
F2 This sale price represents the weighted average sale price of the shares sold ranging from $8.931 to $8.968 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 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.
F4 These shares are held by the Jennifer R. and Robert T. McCord Living Trust, dated April 08, 2020, for which the Reporting Person and the Reporting Person's spouse serve as co-trustees.