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