Luc Seraphin - Apr 18, 2022 Form 4 Insider Report for RAMBUS INC (RMBS)

Role
President and CEO, Director
Signature
/s/ Keith Jones by power of attorney
Stock symbol
RMBS
Transactions as of
Apr 18, 2022
Transactions value $
-$294,849
Form type
4
Date filed
4/19/2022, 06:40 PM
Previous filing
Apr 12, 2022
Next filing
Apr 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMBS Common Stock Options Exercise $18.2K +1.42K +0.57% $12.84* 253K Apr 18, 2022 Direct
transaction RMBS Common Stock Sale -$36.6K -1.42K -0.56% $25.78 251K Apr 18, 2022 Direct F1, F2
transaction RMBS Common Stock Options Exercise $9.01K +704 +0.28% $12.80* 252K Apr 18, 2022 Direct
transaction RMBS Common Stock Sale -$18.2K -704 -0.28% $25.80 251K Apr 18, 2022 Direct F1, F2
transaction RMBS Common Stock Sale -$267K -10.4K -4.13% $25.76 241K Apr 18, 2022 Direct F1, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RMBS Employee stock option (right to buy) Options Exercise $0 -1.42K -10.22% $0.00 12.5K Apr 18, 2022 Common Stock 1.42K $12.84 Direct F4
transaction RMBS Employee stock option (right to buy) Options Exercise $0 -704 -69.98% $0.00 302 Apr 18, 2022 Common Stock 704 $12.80 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted on December 13, 2021.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.60 to $25.91, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.59 to $25.94, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
F4 The option award vests as to 10% of the granted shares on August 1, 2018, and the remaining shares vest monthly thereafter until fully vested on February 1, 2022.
F5 The option award vests as to 10% of the granted shares on August 1, 2017, and the remaining shares vest monthly thereafter until fully vested on February 1, 2021.