Christian Beedgen - 15 Jun 2022 Form 4 Insider Report for Sumo Logic, Inc. (SUMO)

Role
Director
Signature
/s/ Katherine Haar, Attorney-in-fact
Issuer symbol
SUMO
Transactions as of
15 Jun 2022
Net transactions value
-$90,827
Form type
4
Filing time
17 Jun 2022, 18:04:33 UTC
Previous filing
12 Apr 2022
Next filing
19 Sep 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SUMO Common Stock Sale $48,443 -6,627 -0.29% $7.31 2,259,179 15 Jun 2022 Direct F1, F2, F3, F4
transaction SUMO Common Stock Sale $42,384 -6,029 -0.27% $7.03 2,253,150 16 Jun 2022 Direct F3, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares sold to cover tax obligations in connection with the vesting of Restricted Stock Units ("RSUs").
F2 This sale price represents the weighted average sale price of the shares sold ranging from $7.099 to $7.502 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 Certain of these shares are represented by previously reported RSUs. Each RSU represents the Reporting Person's right to receive one share of Common Stock of the Issuer subject to the applicable vesting schedule and the Reporting Person continuing to be a Service Provider through each such date.
F4 Includes 1,708 shares acquired under the Issuer's Employee Stock Purchase Plan on June 15, 2022.
F5 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F6 This sale price represents the weighted average sale price of the shares sold ranging from $7.02 to $7.034 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.