UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
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. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Restricted Stock Units | 08/27/2014(1) | 08/27/2017 | Common Stock | 94,222 | $ 0 (2) | D | Â |
Restricted Stock Units | 08/27/2014(3) | 08/27/2016 | Common Stock | 94,222 | $ 0 (2) | D | Â |
Non-qualified Stock Option (Right to Buy) | 07/26/2013(4) | 02/26/2023 | Common Stock | 31,401 | $ 26.4 | D | Â |
Restricted Stock Units | 02/26/2014(5) | 02/26/2015 | Common Stock | 15,700 | $ 0 (2) | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Dorsey Scott D THE LANDMARK @ ONE MARKET STREET SUITE 300 SAN FRANCISCO, CA 94105 |
 |  |  CEO, ExactTarget Mktng Cloud |  |
/s/ Burke Norton, Attorney-in-Fact for Scott D Dorsey | 03/21/2014 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(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). |
(1) | Represents 94,222 unvested restricted stock units that vest over four years at the rate of 25% on August 27, 2014 and equal installments quarterly thereafter until fully vested. |
(2) | Restricted stock units convert to shares of common stock on a one-for-one basis. |
(3) | Represents 94,222 unvested restricted stock units that vest over three years at the rate of 33% on August 27, 2014, 33% on August 27, 2015 and 34% on August 27, 2016. |
(4) | Represents 31,401 unvested options outstanding that vest as to 2,617 options on March 26, 2014 and monthly thereafter until fully vested. |
(5) | Represents 15,700 unvested restricted stock units all of which vest on February 26, 2015. |
 Remarks: Exhibit 24 Power of Attorney |