Luc Seraphin - 25 Apr 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: 25 Apr 2022
Transactions value $: -$103,581
Form type: 4
Date filed: 27 Apr 2022, 11:46
Previous filing: 19 Apr 2022
Next filing: 02 Feb 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	$107K	+8.31K	+3.45%	$12.84^*	249K	25 Apr 2022	Direct
transaction	RMBS	Common Stock	Sale	-$210K	-8.31K	-3.34%	$25.30	241K	25 Apr 2022	Direct	F1, F2

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	-8.31K	-66.58%	$0.00	4.17K	25 Apr 2022	Common Stock	8.31K	$12.84	Direct	F3

* 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 $25.23 to $25.40, 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 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.