0001209191-17-017778.txt : 20170303
0001209191-17-017778.hdr.sgml : 20170303
20170303172747
ACCESSION NUMBER: 0001209191-17-017778
CONFORMED SUBMISSION TYPE: 3
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170214
FILED AS OF DATE: 20170303
DATE AS OF CHANGE: 20170303
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: LogMeIn, Inc.
CENTRAL INDEX KEY: 0001420302
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 201515952
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 320 SUMMER STREET, SUITE 100
CITY: BOSTON
STATE: MA
ZIP: 02210
BUSINESS PHONE: 781-638-9094
MAIL ADDRESS:
STREET 1: 320 SUMMER STREET, SUITE 100
CITY: BOSTON
STATE: MA
ZIP: 02210
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Lok James
CENTRAL INDEX KEY: 0001699560
FILING VALUES:
FORM TYPE: 3
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34391
FILM NUMBER: 17665376
MAIL ADDRESS:
STREET 1: C/O LOGMEIN, INC.
STREET 2: 320 SUMMER STREET
CITY: BOSTON
STATE: MA
ZIP: 02210
3
1
doc3.xml
FORM 3 SUBMISSION
X0206
3
2017-02-14
0
0001420302
LogMeIn, Inc.
LOGM
0001699560
Lok James
C/O LOGMEIN, INC.
320 SUMMER STREET
BOSTON
MA
02210
0
1
0
0
SVP, Engineering
Restricted Stock Units
Common Stock
8325
D
Restricted Stock Units
Common Stock
8325
D
100% of the restricted stock units shall vest on February 14, 2019, the two-year anniversary of the date of grant. These restricted stock units also provide for accelerated vesting in the event that the Reporting Person's employment is terminated in connection with an acquisition of the Issuer.
Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
100% of shares subject to the PRSUs shall vest on the two-year anniversary of the grant date subject to (a) the Issuer's achievement of a specified Adj. EBITDA Margin goal measured over two performance periods, with 50% of the PRSU subject to the performance period starting on January 1, 2017 and ending on December 31, 2017 (the "2017 performance period") and the remaining 50% of the PRSU subject to the performance period starting on January 1, 2018 and ending on December 31, 2018 (the "2018 performance period"); and (b) the Reporting Person continuing to be an employee, officer or director of, the Issuer on the vesting date. If the Adjusted EBITDA Margin target is not achieved in either the 2017 performance period or the 2018 performance period, the portion of the PRSUs subject to that performance period shall be forfeited. These PRSUs also provide for accelerated vesting in the event that the Reporting Person's employment is terminated in connection with an acquisition of the Issuer.
Each Performance RSU represents a contingent right to receive one share of the Issuer's common stock; the number of Performance RSUs granted represents the maximum number of Performance RSUs that can be earned by the Reporting Person.
Michael J. Donahue, Attorney-in-fact
2017-03-03