Necip Sayiner - 06 Nov 2023 Form 4 Insider Report for RAMBUS INC (RMBS)

Role
Director
Signature
/s/Brian Wu, by power of attorney
Issuer symbol
RMBS
Transactions as of
06 Nov 2023
Transactions value $
-$434,996
Form type
4
Filing time
07 Nov 2023, 13:41:27 UTC
Previous filing
30 May 2023
Next filing
09 Nov 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMBS Common Stock Options Exercise $139K +10K +34.9% $13.94 38.7K 06 Nov 2023 Direct
transaction RMBS Common Stock Sale -$574K -10K -25.87% $57.43 28.7K 06 Nov 2023 Direct F1

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 -10K -40% $0.00 15K 06 Nov 2023 Common Stock 10K $13.94 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.42 to $57.49, 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.
F2 The option award vests as to 25% of the granted shares on November 1, 2020, and the remaining shares vest monthly thereafter until fully vested on November 1, 2023.