Luc Seraphin - 01 Feb 2022 Form 4 Insider Report for RAMBUS INC (RMBS)

Role
President and CEO, Director
Signature
s/ Keith Jones, by power of attorney
Issuer symbol
RMBS
Transactions as of
01 Feb 2022
Transactions value $
-$3,102,754
Form type
4
Filing time
02 Feb 2022, 18:34:18 UTC
Next filing
07 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMBS Common Stock Tax liability -$3,102,753 -121,391 -56.1% $25.56 95,085 01 Feb 2022 Direct F1, F2
transaction RMBS Common Stock Award $0 +177,675 +187% $0.000000 272,760 01 Feb 2022 Direct F3
transaction RMBS Common Stock Award $0 +66,510 +24.4% $0.000000 339,270 01 Feb 2022 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares were withheld to cover the Reporting Person's tax liability in connection with the vesting of restricted stock units, or RSUs.
F2 Includes an exempt transaction of 1,836 shares acquired through the Rambus Inc. 2015 Employee Stock Purchase plan.
F3 The shares are represented by performance restricted stock units, or PRSUs, all of which vest on February 1, 2022 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.
F4 The shares are represented by RSUs which vest in four equal annual installments beginning on February 1, 2023 or the first business trading day thereafter. Each RSU represents a contingent right to receive one share of RMBS common stock.