IMPERVA INC 4
4 · IMPERVA INC · Filed Nov 18, 2013
Insider Transaction Report
Form 4
IMPERVA INCIMPV
Pisani Ralph
VP, Worldwide Sales
Transactions
- Exercise/Conversion
Common Stock
2013-11-15+3,121→ 3,670 total - Exercise/Conversion
Restricted Stock Units
2013-11-15+5,000→ 15,000 totalExp: 2016-12-15→ Common Stock (5,000 underlying)
Footnotes (5)
- [F1]Represents the number of shares that were acquired in connection with the net settlement of the restricted stock units listed in Table II.
- [F2]Includes 549 shares of common stock acquired by the reporting person on November 15, 2013 under the Imperva, Inc. 2011 Employee Stock Purchase Plan.
- [F3]Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer upon vesting.
- [F4]The restricted stock units vest as follows: 25% of the underlying shares vest one year following the vesting commencement date of November 15, 2012, with the remaining 25% vesting in equal annual installments over the next three years. The restricted stock units are subject to accelerated vesting in the event of a termination of employment of the Reporting Person under certain circumstances following a change in control of the Issuer.
- [F5]The Issuer has up to 30 days following vesting to settle. The actual expiration date will be immediately following settlement.