SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Glover Ashley Chaffin

(Last) (First) (Middle)
4000 INTERNATIONAL PARKWAY

(Street)
CARROLLTON TX 75007

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
REALPAGE INC [ RP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, Chief Sales & Marketing
3. Date of Earliest Transaction (Month/Day/Year)
03/12/2012
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/12/2012 M 11,600 A $2.5 56,216 D
Common Stock 03/12/2012 S 11,600 D $21.51(1) 44,616 D
Common Stock 03/13/2012 M 3,400 A $2.5 48,016 D
Common Stock 03/13/2012 S 3,400 D $21.54(2) 44,616 D
Common Stock 03/13/2012 M 5,000 A $7 49,616 D
Common Stock 03/13/2012 S 5,000 D $21.54(2) 44,616 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) $2.5 03/12/2012 M 11,600 01/01/2007(3) 12/15/2016 Common Stock 11,600 $0.00 3,400 D
Employee Stock Option (Right to Buy) $2.5 03/13/2012 M 3,400 01/01/2007(3) 12/15/2016 Common Stock 3,400 $0.00 0 D
Employee Stock Option (Right to Buy) $7 03/13/2012 M 5,000 04/01/2008(4) 02/28/2018 Common Stock 5,000 $0.00 45,000 D
Explanation of Responses:
1. The price reported is a weighted average purchase price. The purchase price ranged from $21.42 to $21.69. Reporting Person provided Issuer full information regarding the number of shares purchased at each separate price. Issuer will provide, upon receipt of a request, a copy of this information to the SEC staff or a security holder of the issuer.
2. The price reported is a weighted average purchase price. The purchase price ranged from $21.50 to $21.61. Reporting Person provided Issuer full information regarding the number of shares purchased at each separate price. Issuer will provide, upon receipt of a request, a copy of this information to the SEC staff or a security holder of the issuer.
3. 1/16th of the shares subject to the option vested and became exercisable on January 1, 2007 and 1/16th of the shares subject to the option vest and become exercisable on the first day of each calendar quarter thereafter.
4. 1/16th of the shares subject to the option vested and became exercisable on April 1, 2008 and 1/16th of the shares subject to the option vest and become exercisable on the first day of each calendar quarter thereafter.
Remarks:
/s/ Ashley Chaffin Glover 03/14/2012
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.