Ramin Sayar - Apr 8, 2022 Form 4 Insider Report for Sumo Logic, Inc. (SUMO)

Role
President and CEO, Director
Signature
/s/ Katherine Haar, Attorney-in-fact
Stock symbol
SUMO
Transactions as of
Apr 8, 2022
Transactions value $
$0
Form type
4
Date filed
4/12/2022, 04:21 PM
Previous filing
Mar 17, 2022
Next filing
Jun 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SUMO Common Stock Award $0 +338K +57.01% $0.00 930K Apr 8, 2022 Direct F1, F2
holding SUMO Common Stock 2.66K Apr 8, 2022 See footnote F3
holding SUMO Common Stock 7.43K Apr 8, 2022 See footnote F4
holding SUMO Common Stock 7.43K Apr 8, 2022 See footnote F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share is represented by a Restricted Stock Unit ("RSU"). One-sixteenth (1/16th) of the RSUs will vest on the first Quarterly Vesting Date following 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 These shares are held of record by The Sayar Family Trust, for which the Reporting Person serves as co-trustee.
F4 Shares are held in trusts for the benefit of each of the Reporting Person's children. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.