Statement of Changes in Beneficial Ownership (4)
March 03 2022 - 4:24PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
Segovia Elizabeth |
2. Issuer Name and Ticker or Trading Symbol
CHANNELADVISOR CORP
[
ECOM
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chief Operating Officer |
(Last)
(First)
(Middle)
C/O CHANNELADVISOR CORPORATION, 3025 CARRINGTON MILL BLVD., SUITE 500 |
3. Date of Earliest Transaction
(MM/DD/YYYY)
3/1/2022 |
(Street)
MORRISVILLE, NC 27560
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
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. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. 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 (1) | 3/1/2022 | | A | | 19564 (2) | A | $0.00 | 90184 (3) | D | |
Common Stock | 3/1/2022 | | F(4) | | 2841 | D | $17.78 | 87343 | D | |
Common Stock | 3/2/2022 | | F(4) | | 1384 | D | $18.11 | 85959 | D | |
Common Stock (1) | 3/2/2022 | | A | | 28194 (5) | A | $0.00 | 114153 | D | |
Common Stock | 3/2/2022 | | F(6) | | 4151 | D | $18.11 | 110002 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. 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 | 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 of Derivative Security: 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 |
Explanation of Responses: |
(1) | The security represents restricted stock units granted to the reporting person. Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer. |
(2) | The shares underlying these restricted stock units vest in four equal annual installments beginning on March 1, 2023, subject to the reporting person's continuous service with the issuer as of the applicable vesting date. |
(3) | On November 8, 2021, the reporting person filed a Form 4 reporting the disposition of 8,621 shares. The correct number of shares was 3,506 shares, and the number of shares beneficially owned following that transaction was 70,620 shares. Amounts reported on this Form 4 have been adjusted accordingly. |
(4) | The transaction reported represents the withholding of shares by the issuer to satisfy the reporting person's tax withholding obligations in connection with the non-reportable vesting and settlement of restricted stock units. |
(5) | Of the shares underlying this restricted stock unit award, one-half vested on March 2, 2022 and the remainder will vest on March 2, 2023, subject to the reporting person's continuous service with the issuer as of the vesting date. |
(6) | The transaction reported represents the withholding of shares by the issuer to satisfy the reporting person's tax withholding obligations in connection with the vesting and settlement of the restricted stock unit award reported in footnote (5) herein. |
Reporting Owners
|
Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Segovia Elizabeth C/O CHANNELADVISOR CORPORATION 3025 CARRINGTON MILL BLVD., SUITE 500 MORRISVILLE, NC 27560 |
|
| Chief Operating Officer |
|
Signatures
|
/s/ Brian F. Leaf, attorney-in-fact | | 3/3/2022 |
**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 control number. |
ChannelAdvisor (NYSE:ECOM)
Historical Stock Chart
From Oct 2024 to Nov 2024
ChannelAdvisor (NYSE:ECOM)
Historical Stock Chart
From Nov 2023 to Nov 2024