Filing Details
- Accession Number:
- 0001181431-11-033003
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-05-26 19:30:14
- Reporting Period:
- 2011-05-24
- Filing Date:
- 2011-05-26
- Accepted Time:
- 2011-05-26 18:30:14
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1271024 | Linkedin Corp | LNKD | Services-Computer Programming, Data Processing, Etc. (7370) | 000000000 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1372397 | J Steven Sordello | C/O Linkedln Corporation 2029 Stierlin Court Mountain View CA 94043 | Svp & Chief Financial Officer | No | Yes | No | No |
Transaction Summary
Sold: | 25,000 shares | Avg. Price: $41.85 | Total Value: $1,046,250.00 |
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 | 2011-05-24 | 907,327 | $0.00 | 0 | No | 4 | J | Direct | |
Class A Common Stock | Acquisiton | 2011-05-24 | 25,000 | $0.00 | 25,000 | No | 4 | C | Direct | |
Class A Common Stock | Disposition | 2011-05-24 | 25,000 | $41.85 | 0 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | J | Direct | |
No | 4 | C | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Class A Common Stock | Class B Common Stock | Acquisiton | 2011-05-24 | 907,327 | $0.00 | 907,327 | $0.00 |
Class A Common Stock | Class B Common Stock | Disposition | 2011-05-24 | 25,000 | $0.00 | 25,000 | $0.00 |
Common Stock | Employee Stock Option (right to buy) | Disposition | 2011-05-24 | 100,000 | $0.00 | 100,000 | $2.32 |
Class B Common Stock | Employee Stock Option (right to buy) | Acquisiton | 2011-05-24 | 100,000 | $0.00 | 100,000 | $2.32 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
907,327 | No | 4 | J | Direct | ||
882,327 | No | 4 | C | Direct | ||
0 | 2019-08-25 | No | 4 | J | Direct | |
100,000 | 2019-08-25 | No | 4 | J | Direct |
Footnotes
- Pursuant to a reclassification exempt under Rule 16b-7, each share of Common Stock automatically converted into one share of Class B Common Stock immediately prior to the closing of the Issuer's initial public offering.
- Each share of Class A Common Stock was issued upon conversion of one share of Class B Common Stock. The Reporting Person sold shares to the Underwriters in connection with the sale of shares of Class A Common Stock by the Reporting Person in the Issuer's initial public offering.
- Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock and has no expiration date. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common stock upon (i) the date specified by the holders of at least 66 2/3% of the outstanding shares of Class B Common Stock, (ii) any transfer (subject to certain exceptions), or (iii) the death of a natural person holding Class B Common Stock, the Class B Common Stock held by that person or his or her permitted estate planning entities will convert automatically into Class A Common Stock. The Class A Common Stock and Class B Common Stock will each convert automatically into a single class of Common Stock on the date on which the number of outstanding shares of Class B Common Stock represents less than 10% of the aggregate combined number of outstanding shares of Class A Common Stock and Class B Common Stock.
- Pursuant to a reclassification exempt under Rule 16b-7, each share of Common Stock underlying the reported option automatically converted into one share of Class B Common Stock immediately prior to the closing of the Issuer's initial public offering.
- Shares subject to the option vest in twenty-four equal monthly installments beginning on September 21, 2011.