Filing Details

Accession Number:
0001209191-17-018448
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-03-06 17:44:49
Reporting Period:
2017-03-02
Filing Date:
2017-03-06
Accepted Time:
2017-03-06 17:44:49
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1286225 Realpage Inc RP Services-Prepackaged Software (7372) 752788861
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1555448 P William Chaney 2201 Lakeside Blvd.
Richardson TX 75082
Evp Enterprise Solutions No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2017-03-02 10,000 $35.05 179,867 No 4 S Direct
Common Stock Acquisiton 2017-03-02 29,565 $0.00 209,432 No 4 A Direct
Common Stock Acquisiton 2017-03-02 44,348 $0.00 253,780 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 A Direct
No 4 A Direct
Footnotes
  1. The price reported is a weighted average sale price. The sale prices ranged from $35.05 to $35.08. Reporting Person provided Issuer full information regarding the number of shares sold at each separate price. Issuer will provide, upon receipt of a request, a copy of this information to the SEC staff or a security holder of the Issuer.
  2. Restricted Stock Awarded to Reporting Person on 03/02/2017: One-twelfth of the shares shall vest each quarter, beginning on the first day of the second calendar quarter immediately following the vesting commencement date, for next twelve (12) consecutive calendar quarters.
  3. Restricted Stock with Market Based Vesting Awarded to Reporting Person on 03/02/2017: Prior to July 1, 2020, one-third (1/3) of the restricted shares shall become eligible to vest, if for 20 consecutive trading days Issuer's average closing price per share of common stock equals or exceeds the threshold price of $38.05, the target price of $41.09, or the maximum price of $45.66, respectively (collectively, the "Eligible Shares"). Eligible Shares shall vest in equal quarterly installments over the following year. All Eligible Shares shall be fully vested on July 1, 2020, or upon a Change in Control, or due to Death or Disability. Also, the remaining tranches of unvested shares shall be deemed to be Eligible Shares and shall fully vest immediately prior to a Change in Control that results in the per share value of Issuer's common stock equal to or in excess of values of each respective tranche.