Luc Seraphin - Feb 1, 2023 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, 2023
Transactions value $
-$1,456,926
Form type
4
Date filed
2/2/2023, 08:43 PM
Previous filing
Apr 27, 2022
Next filing
Feb 6, 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 Tax liability -$1.46M -33.6K -13.88% $43.41 208K Feb 1, 2023 Direct F1, F2
transaction RMBS Common Stock Award $0 +47.9K +23% $0.00 256K Feb 1, 2023 Direct F3
* 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 1,064 shares acquired through the Rambus Inc. 2015 Employee Stock Purchase plan.
F3 The shares are represented by RSUs which vest in four equal annual installments beginning on February 1, 2024 or the first business trading day thereafter. Each RSU represents a contingent right to receive one share of RMBS common stock.