Luc Seraphin - Feb 1, 2025 Form 4 Insider Report for RAMBUS INC (RMBS)

Role
President and CEO, Director
Signature
/s/Brian Wu, by power of attorney
Stock symbol
RMBS
Transactions as of
Feb 1, 2025
Transactions value $
-$7,716,894
Form type
4
Date filed
2/4/2025, 07:01 PM
Previous filing
Apr 16, 2024
Next filing
Mar 19, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMBS Common Stock Award $0 +192K +72.76% $0.00 455K Feb 1, 2025 Direct F1, F2
transaction RMBS Common Stock Tax liability -$7.72M -128K -28.12% $60.35 327K Feb 1, 2025 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares are represented by performance restricted stock units, or PRSUs, all of which vest on February 1, 2025 based upon assessed achievement of the Company's performance metrics and continued service to the Company through the vesting date. Each PRSU represents a contingent right to receive one share of RMBS common stock.
F2 Includes an exempt transaction of 461 shares acquired through the Rambus Inc. 2015 Employee Stock Purchase plan.
F3 The shares were withheld to cover the Reporting Person's tax liability in connection with the vesting of restricted stock units, or RSUs.