Filing Details

Accession Number:
0001209191-18-035907
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-06-05 18:09:46
Reporting Period:
2018-06-01
Accepted Time:
2018-06-05 18:09:46
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1420302 Logmein Inc. LOGM Services-Prepackaged Software (7372) 201515952
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1598269 K. Edward Herdiech C/O Logmein, Inc.
320 Summer Street
Boston MA 02210
Chief Financial Officer 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 Acquisiton 2018-06-01 1,987 $0.00 6,378 No 4 M Direct
Common Stock Disposition 2018-06-05 1,987 $108.43 4,391 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2018-06-01 1,590 $0.00 1,590 $0.00
Common Stock Restricted Stock Units Disposition 2018-06-01 1,987 $0.00 1,987 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
9,141 No 4 F Direct
7,154 No 4 M Direct
Footnotes
  1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
  2. Sales made pursuant to a 10(b)5-1 plan adopted by the Reporting Person in accordance with Rule 10(b)5-1 of the Securities Exchange Act of 1934, as amended.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $108.30 to $108.65, inclusive. Upon the request of any security holder of the Issuer, or the staff of the Securities and Exchange Commission, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4 shall be provided.
  4. The restricted stock units vest in three equal installments over a three-year period commencing on the first anniversary of the date of grant so that 100% of the restricted stock units will be vested as of June 1, 2020. These restricted stock units also provide for accelerated vesting in the event that the Reporting Person's employment is terminated in connection with an acquisition of the Issuer.
  5. The shares of common stock underlying the restricted stock units reported as disposed herein were retained (but not issued) by the Issuer in satisfaction of tax withholding obligations associated with the vesting of such units.
  6. The restricted stock units reported as disposed herein were settled for shares of the Issuer's common stock.