Filing Details

Accession Number:
0001209191-18-060122
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-11-28 17:07:54
Reporting Period:
2018-11-27
Accepted Time:
2018-11-28 17:07:54
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1477425 Sendgrid Inc. SEND Services-Prepackaged Software (7372) 270654600
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1599116 M Stephen Sloan C/O Sendgrid, Inc.
1801 California Street, Suite 500
Denver CO 80202
Chief Product 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 2018-11-27 15,000 $2.46 15,000 No 4 M Direct
Common Stock Disposition 2018-11-27 14,800 $41.34 200 No 4 S Direct
Common Stock Disposition 2018-11-27 200 $41.81 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (Right to Buy) Disposition 2018-11-27 15,000 $0.00 15,000 $2.46
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
304,124 2025-12-07 No 4 M Direct
Footnotes
  1. The shares of Common Stock were sold pursuant to a 10b5-1 plan.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.78 to $41.74, inclusive. The reporting person undertakes to provide to the issuer, any security holder of issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote to this Form 4.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.80 to $41.82, inclusive. The reporting person undertakes to provide to the issuer, any security holder of issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote to this Form 4.
  4. This option is exercisable with respect to one quarter (1/4) of the shares of stock which are subject to this option on October 19, 2016 (the "Initial Vesting Date"). The remaining shares become exercisable in thirty-six (36) equal monthly installments commencing one (1) month after the Initial Vesting Date, provided the Reporting Person continuously provides service to the Issuer through each vesting period.