Ramin Sayar - 22 Nov 2021 Form 4 Insider Report for Sumo Logic, Inc. (SUMO)

Role
President and CEO, Director
Signature
/s/ Katherine Haar, Attorney-in-fact
Issuer symbol
SUMO
Transactions as of
22 Nov 2021
Transactions value $
-$1,301,712
Form type
4
Filing time
23 Nov 2021, 16:02:45 UTC
Previous filing
22 Oct 2021
Next filing
17 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SUMO Common Stock Sale -$45.2K -3.24K -0.5% $13.97 646K 22 Nov 2021 Direct F1, F2
transaction SUMO Common Stock Sale -$8.29K -563 -0.09% $14.72 645K 22 Nov 2021 Direct F1, F3
transaction SUMO Common Stock Options Exercise $111K +96.5K +3625.09% $1.15* 99.2K 22 Nov 2021 See footnote F4
transaction SUMO Common Stock Sale -$1.15M -82.2K -82.89% $13.97 17K 22 Nov 2021 See footnote F1, F2, F4
transaction SUMO Common Stock Sale -$211K -14.3K -84.31% $14.72 2.66K 22 Nov 2021 See footnote F1, F3, F4
holding SUMO Common Stock 7.43K 22 Nov 2021 See footnote F5
holding SUMO Common Stock 7.43K 22 Nov 2021 See footnote F5

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 SUMO Stock Option (right to buy) Options Exercise $0 -96.5K -3.98% $0.00 2.33M 22 Nov 2021 Common Stock 96.5K $1.15 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 8, 2021.
F2 This sale price represents the weighted average sale price of the shares sold ranging from $13.60 to $14.595 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
F3 This sale price represents the weighted average sale price of the shares sold ranging from $14.60 to $14.99 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
F4 These shares are held of record by The Sayar Family Trust, for which the Reporting Person serves as co-trustee.
F5 Shares are held in trusts for the benefit of each of the Reporting Person's children. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F6 The shares underlying this option are fully vested and immediately exercisable.