Joseph Ansanelli - 12 May 2023 Form 4 Insider Report for Sumo Logic, Inc.

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 12 May 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 12 May 2023, 16:07:52 UTC
Prior SEC filing: 22 Jul 2022
Source filing: View source filing
Reporting owner signature: /s/ Katherine Haar, Attorney-in-fact

Key filing fact

Joseph Ansanelli filed Form 4 for Sumo Logic, Inc. on 12 May 2023.

Key facts

This page summarizes Joseph Ansanelli's Form 4 filing for Sumo Logic, Inc..
4 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 12 May 2023, 16:07.

Change

Previous filing in this sequence was filed on 22 Jul 2022.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SUMO transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -332,734
Change %: -100%
Price
Shares after: 0
Date: 12 May 2023
Ownership: Direct
Footnotes: F1, F2, F3

SUMO transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -3,372,470
Change %: -100%
Price
Shares after: 0
Date: 12 May 2023
Ownership: See footnote
Footnotes: F3, F4

SUMO transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -303,620
Change %: -100%
Price
Shares after: 0
Date: 12 May 2023
Ownership: See footnote
Footnotes: F3, F5

SUMO transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -107,842
Change %: -100%
Price
Shares after: 0
Date: 12 May 2023
Ownership: See footnote
Footnotes: F3, F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Joseph Ansanelli is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 6 footnotes

Footnote F1

Certain of these shares are represented by previously reported restricted stock units ("RSUs"). At the effective time of the merger (the "Effective Time") each issued and outstanding RSU was cancelled and converted into the right to receive an amount equal to $12.05 in cash (the "Per Share Price"), subject to the terms set forth in the Merger Agreement.

Footnote F2

Pursuant to the terms of the Company's Outside Director Compensation Policy and/or the applicable award agreement governing such RSU, at the Effective Time, each unvested RSU was accelerated and converted into the right to receive an amount in cash equal to the Per Share Price.

Footnote F3

Pursuant to an Agreement and Plan of Merger (the "Merger Agreement") between Serrano Parent, Serrano Merger Sub, Inc., and Sumo Logic (the "Company"), each issued and outstanding share of the Company's common stock was cancelled and converted into the right to receive an amount in cash equal to the Per Share Price.

Footnote F4

These shares are held of record by Greylock XIII LP. The Reporting Person disclaims beneficial ownership of the securities held by Greylock XIII LP except to the extent of any pecuniary interest therein and the inclusion of these securities in this report shall not be deemed an admission by the Reporting Person of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.

Footnote F5

These shares are held of record by Greylock XIII-A LP. The Reporting Person disclaims beneficial ownership of the securities held by Greylock XIII-A LP except to the extent of any pecuniary interest therein and the inclusion of these securities in this report shall not be deemed an admission by the Reporting Person of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.

Footnote F6

These shares are held of record by Greylock XIII Principals. The Reporting Person disclaims beneficial ownership of the securities held by Greylock XIII Principals except to the extent of any pecuniary interest therein and the inclusion of these securities in this report shall not be deemed an admission by the Reporting Person of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.