07/11/2025 | Press release | Distributed by Public on 07/11/2025 14:39
FORM 4
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
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. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction 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 (Month/Day/Year) |
7. Title and Amount of Underlying Securities (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 | ||||||||
Stock Option | $51.13 | 07/09/2025 | M | 2,500,000 | 06/30/2021(1) | 07/20/2025 | Common Stock | 2,500,000 | $ 0 | 0 | D | ||||
Stock Option | $51.13 | 07/09/2025 | M | 2,500,000 | 06/30/2023(1) | 07/20/2025 | Common Stock | 2,500,000 | $ 0 | 0 | D | ||||
Stock Option | $51.13 | 07/09/2025 | M | 1,000,000 | 06/27/2024(1) | 07/20/2025 | Common Stock | 1,000,000 | $ 0 | 1,500,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
ELLISON LAWRENCE JOSEPH C/O DELPHI ASSET MGMT CORPORATION 200 S. VIRGINIA ST., SUITE 625 RENO, NV 89511 |
X | X | Executive Chairman | Chief Technology Officer |
/s/ Aimee Weast by Aimee Weast, Attorney in fact for Lawrence J. Ellison (POA filed 12/27/18) | 07/11/2025 | |
**Signature of Reporting Person | Date |
* | 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). |
(1) | Represents 1/7 of the number of shares subject to a performance-based option that vested upon certification of a performance goal by the Compensation Committee. |