UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Non-qualified Stock Option (Right to Buy) | 11/26/2014(1) | 11/26/2020 | Common Stock | 22,606 | $ 52.3 | D | Â |
Non-qualified Stock Option (Right to Buy) | 05/27/2015(2) | 05/27/2021 | Common Stock | 30,286 | $ 54.36 | D | Â |
Non-qualified Stock Option (Right to Buy) | 11/25/2015(3) | 11/25/2021 | Common Stock | 27,931 | $ 59.34 | D | Â |
Restricted Stock Units | 11/25/2015(4) | 11/25/2018 | Common Stock | 1,621 | $ 0 (5) | D | Â |
Non-qualified Stock Option (Right to Buy) | 11/22/2016(6) | 11/22/2022 | Common Stock | 82,192 | $ 80.99 | D | Â |
Restricted Stock Units | 11/22/2016(7) | 11/22/2019 | Common Stock | 8,939 | $ 0 (5) | D | Â |
Non-qualified Stock Option (Right to Buy) | 04/22/2017(8) | 04/22/2023 | Common Stock | 56,955 | $ 76.48 | D | Â |
Restricted Stock Units | 04/22/2017(9) | 04/22/2020 | Common Stock | 7,405 | $ 0 (5) | D | Â |
Non-qualified Stock Option (Right to Buy) | 11/22/2017(10) | 11/22/2023 | Common Stock | 105,173 | $ 75.57 | D | Â |
Restricted Stock Units | 11/22/2017(11) | 11/22/2020 | Common Stock | 17,091 | $ 0 (5) | D | Â |
Non-qualified Stock Option (Right to Buy) | 03/22/2019(12) | 03/22/2025 | Common Stock | 93,920 | $ 118.04 | D | Â |
Restricted Stock Units | 03/22/2019(13) | 03/22/2022 | Common Stock | 11,271 | $ 0 (5) | D | Â |
Performance-Based Restricted Stock Units | 04/15/2021(14) | 04/15/2021(14) | Common Stock | 9,642 | $ 0 (15) | D | Â |
Performance-Based Restricted Stock Units | 04/15/2021(14) | 04/15/2021(14) | Common Stock | 9,642 | $ 0 (15) | D | Â |
Non-qualified Stock Option (Right to Buy) | 04/22/2019(16) | 04/22/2025 | Common Stock | 88,887 | $ 122.82 | D | Â |
Restricted Stock Units | 04/22/2019(17) | 04/22/2022 | Common Stock | 10,667 | $ 0 (5) | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Tallapragada Srinivas THE LANDMARK @ ONE MARKET STREET SUITE 300 SAN FRANCISCO, CA 94105 |
 |  |  President, Technology |  |
/s/ Lisa Yun, Attorney-in-Fact for Srinivas Tallapragada | 06/19/2018 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Option is exercisable and vests over four years at the rate of 25% on November 26, 2014, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months. |
(2) | Option is exercisable and vests over four years at the rate of 25% on May 27, 2015, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months. |
(3) | Option is exercisable and vests over four years at the rate of 25% on November 25, 2015, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months. |
(4) | These restricted stock units vested as to 25% of the original grant on November 25, 2015 and vest as to 1/16 of the original grant quarterly thereafter. |
(5) | Restricted Stock Units convert to shares of common stock on a one-for-one basis. |
(6) | Option is exercisable and vests over four years at the rate of 25% on November 22, 2016, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months. |
(7) | These restricted stock units vested as to 25% of the original grant on November 22, 2016 and vest as to 1/16 of the original grant quarterly thereafter. |
(8) | Option is exercisable and vests over four years at the rate of 25% on April 22, 2017, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months. |
(9) | These restricted stock units vested as to 25% of the original grant on April 22, 2017 and vest as to 1/16 of the original grant quarterly thereafter. |
(10) | Option is exercisable and vests over four years at the rate of 25% on November 22, 2017, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months. |
(11) | These restricted stock units vested as to 25% of the original grant on November 22, 2017 and vest as to 1/16 of the original grant quarterly thereafter. |
(12) | Option is exercisable and vests over four years at the rate of 25% on March 22, 2019, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months. |
(13) | These restricted stock units vested as to 25% of the original grant on March 22, 2019 and vest as to 1/16 of the original grant quarterly thereafter. |
(14) | The PRSUs will vest depending on Issuer's total shareholder return ("TSR") over the three-year period from the grant date (the "Performance Period"), relative to companies in the NASDAQ-100 Index as of the grant date (the "Index Group"). If Issuer's TSR over the Performance Period is at the 60th percentile when ranked against the Index Group TSRs, 100% of the target number of shares will vest. For every percentile by which Issuer's TSR ranking within the Index Group exceeds the 60th percentile, shares vesting will increase by 3 and 1/3%, up to a maximum payout of 200% of target if Issuer's TSR ranking is at the 99th percentile. For every percentile by which Issuer's TSR ranking within the Index Group is below the 60th percentile, shares vesting will decrease by 2 and 22/39%, with no payout if Issuer's TSR ranking is below the 30th percentile. If Issuer's absolute TSR over the Performance Period is negative, the number of shares vesting will not exceed 100% of target. |
(15) | Each performance-based restricted stock unit, or PRSU, represents a contingent right to receive one share of Issuer common stock. |
(16) | Option is exercisable and vests over four years at the rate of 25% on April 22, 2019, the first anniversary of the holder's date of grant, with the balance vesting in equal monthly installments over the remaining 36 months. |
(17) | These restricted stock units vested as to 25% of the original grant on April 22, 2019 and vest as to 1/16 of the original grant quarterly thereafter. |
 Remarks: Exhibit 24 Power of Attorney |