Form Type: 4

SEC EDGAR Link
Accession Number:0001209191-21-057025
Date:2021-09-17
Issuer: SUMO LOGIC, INC. (SUMO)
Original Submission Date:

Reporting Person:

SAYAR RAMIN
305 MAIN STREET
REDWOOD CITY, CA 94063

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2021-09-17 S 12,980 a $18.68 656,372 direct
COMMON STOCK 2021-09-20 S 3,800 d $17.50 652,572 direct
COMMON STOCK 2021-09-20 M 96,500 a $1.15 99,162 indirect f3
COMMON STOCK 2021-09-20 S 96,500 d $17.50 2,662 indirect f3
COMMON STOCK 2021-09-17 0 $0.00 7,428 indirect f4
COMMON STOCK 2021-09-17 0 $0.00 7,428 indirect f4
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
STOCK OPTION (RIGHT TO BUY) 1.15 2021-09-20 deemed execution date M 96,500 (d) 2024-12-02 common stock 96,500 $1.15 2,521,298 direct
Footnotes
IDfootnote
f1 the sales reported in this form 4 were effected pursuant to a rule 10b5-1 trading plan adopted by the reporting person on january 8, 2021.
f2 this sale price represents the weighted average sale price of the shares sold ranging from $17.17 to $17.89 per share. upon request by the commission staff, the issuer, or a security holder of the issuer, the reporting person will provide full information regarding the number of shares sold at each separate price within the range set forth in this form 4.
f3 these shares are held of record by the sayar family trust, for which the reporting person serves as co-trustee.
f4 shares are held in trusts for the benefit of each of the reporting person's children. the reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of section 16 or for any other purpose.
f5 the shares underlying this option are fully vested and immediately exercisable.
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