Luc Seraphin - Apr 25, 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
Apr 25, 2022
Transactions value $
-$103,581
Form type
4
Date filed
4/27/2022, 11:46 AM
Previous filing
Apr 19, 2022
Next filing
Feb 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMBS Common Stock Options Exercise $107K +8.31K +3.45% $12.84 249K Apr 25, 2022 Direct
transaction RMBS Common Stock Sale -$210K -8.31K -3.34% $25.30 241K Apr 25, 2022 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RMBS Employee stock option (right to buy) Options Exercise $0 -8.31K -66.58% $0.00 4.17K Apr 25, 2022 Common Stock 8.31K $12.84 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted on December 13, 2021.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.23 to $25.40, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
F3 The option award vests as to 10% of the granted shares on August 1, 2018, and the remaining shares vest monthly thereafter until fully vested on February 1, 2022.