0001209191-19-023619.txt : 20190404 0001209191-19-023619.hdr.sgml : 20190404 20190404160623 ACCESSION NUMBER: 0001209191-19-023619 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190401 FILED AS OF DATE: 20190404 DATE AS OF CHANGE: 20190404 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Srinivasan Padmanabhan T CENTRAL INDEX KEY: 0001761862 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34391 FILM NUMBER: 19732316 MAIL ADDRESS: STREET 1: C/O LOGMEIN, INC. STREET 2: 333 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 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 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2019-04-01 0 0001420302 LogMeIn, Inc. LOGM 0001761862 Srinivasan Padmanabhan T C/O LOGMEIN, INC. 333 SUMMER STREET BOSTON MA 02210 0 1 0 0 SVP & GM, CES Restricted Stock Units 2019-04-01 2019-04-01 4 A 0 12000 0.00 A Common Stock 12000 12000 D Performance RSUs 2019-04-01 2019-04-01 4 A 0 4000 0.00 A Common Stock 4000 4000 D Performance RSUs 2019-04-01 2019-04-01 4 A 0 4000 0.00 A Common Stock 4000 4000 D Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The restricted stock units shall vest in three equal installments over a three-year period commencing on the first anniversary of the date of grant so that 100% of the restricted stock units will be vested as of April 1, 2022. 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 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. 100% of shares subject to the PRSUs shall vest on March 1, 2021 subject to (a) the Issuer's achievement of a fiscal year 2020 non-GAAP revenue target and (b) the Reporting Person continuing to be an employee, officer or director of, the Issuer on the vesting date. The actual number of shares of the Issuer's common stock into which the Performance RSUs will convert will be calculated by multiplying the target number of Performance RSUs (2,000) by a percentage ranging from 0% to 200% based on the actual level at which the performance goal is attained. 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. The vesting of these Performance RSUs is tied to the achievement of a performance goal, which is measured as the total shareholder return, or TSR, realized by the Issuer's stockholders for the three-year performance period from April 1, 2019 to April 1, 2022 versus the TSR realized for that same period by the S&P North American Technology Software Index. The actual number of shares of the Issuer's common stock into which the Performance RSUs will convert will be calculated by multiplying the target number of Performance RSUs (2,000) by a percentage ranging from 0% to 200% based on the actual level at which the performance goal is attained. These Performance RSUs also provide for accelerated vesting in the event that the Reporting Person's employment is terminated in connection with an acquisition of the Issuer. Michael J. Donahue, Attorney-in-fact 2019-04-04