Vayser Alex 4

4 · Invuity, Inc. · Filed Feb 20, 2018

Form 4

Period: 2018-02-15

Chief Technology Officer

Transactions

Exercise/Conversion
Common Stock
2018-02-15+2,600→ 176,044 total
Tax Payment
Common Stock
2018-02-15$4.10/sh−1,140$4,674→ 174,904 total
Award
Common Stock
2018-02-15+17,400→ 192,304 total
Exercise/Conversion
Restricted Stock Units
2018-02-15−2,600→ 7,800 total
Exp: 2021-02-15→ Common Stock (2,600 underlying)
Award
Employee Stock Option (right to buy)
2018-02-15+30,500→ 30,500 total
Exercise: $4.10Exp: 2028-02-15→ Common Stock (30,500 underlying)

Footnotes (5)

[F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
[F2]In an exempt disposition to the Issuer under Rule 16b-3(e), the Reporting Person remitted shares to the Issuer in connection with the satisfaction of tax withholding obligations arising out of the vesting of previously reported restricted stock units.
[F3]The restricted stock units vest as to one-fourth of the shares on February 15, 2019 and on each one year anniversary thereafter, subject to the Reporting Person continuing as a service provider through each vesting date.
[F4]2,600 of the 13,000 restricted stock units granted to the Reporting Person were vested and released. Such 13,000 share grant vests at the following rate: one-fifth of the shares on February 15, 2017 and on each one year anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date.
[F5]The option vests and becomes exercisable as to one-forty-eighth of the shares on March 15, 2018 and each one-month anniversary thereafter, subject to the Reporting Person continuing as a service provider through each vesting date.

Documents

1 file