Filing Details

Accession Number:
0001209191-21-012237
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-02-18 21:59:08
Reporting Period:
2021-02-16
Accepted Time:
2021-02-18 21:59:08
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1739936 Svmk Inc. SVMK () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1421413 J Alexander Lurie C/O Svmk Inc.
One Curiosity Way
San Mateo CA 94403
Chief Executive Officer Yes 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 2021-02-17 21,816 $21.17 969,241 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Non-Qualified Stock Option (right to buy) Acquisiton 2021-02-16 580,911 $0.00 580,911 $21.99
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
580,911 2031-02-16 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 24,330 Indirect Trust
Common Stock 24,330 Indirect Trust
Common Stock 16,219 Indirect Trust
Footnotes
  1. These shares were automatically sold to cover tax withholding obligations in connection with the vesting of restricted stock units.
  2. Certain of these securities are restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock, subject to the applicable vesting schedule and conditions.
  3. The shares are held by the Jason and Jennifer Lurie Family 2018 Irrevocable Trust dated May 31, 2018, of which the Reporting Person's spouse is the trustee.
  4. The shares are held by the Eliza and Larry Becker Family 2018 Irrevocable Trust dated May 31, 2018, of which the Reporting Person's spouse is the trustee.
  5. The shares are held by the Scott and Caitlin Vogelsong Family 2018 Irrevocable Trust dated May 31, 2018, of which the Reporting Person's spouse is the trustee.
  6. Grant of Performance-based Stock Options ("Performance NSO"). The Performance NSO shall become exercisable, if at all, depending on the satisfaction of both a Time-Based Service Requirement and a Stock Price Achievement Requirement as follows: (i) the Time-Based Service Requirement of the Performance NSO grant is met over three years. 1/12th of the total number of Performance NSOs will meet the Time-Based Service Requirement on 5/15/2021 and 1/12th of the total number of Performance NSOs will meet the Time-Based Service Requirement quarterly thereafter, subject to the Reporting Person's continued employment or service to the Company until the Time-Based Service Requirement is fully satisfied; and (ii) the Stock Price Achievement Requirement will be satisfied if, on or before 2/16/2025, the average closing price of the Company's common stock has equaled or exceeded 133% of the Performance NSO Exercise Price for 30 consecutive trading days.