IMPERVA INC 4
4 · IMPERVA INC · Filed Feb 6, 2014
Insider Transaction Report
Form 4
IMPERVA INCIMPV
Forget Jason
VP, Business Operations
Transactions
- Award
Employee Stock Option (right to buy)
2014-02-04+24,000→ 24,000 totalExercise: $54.66Exp: 2024-02-03→ Common Stock (24,000 underlying) - Award
Restricted Stock Units
2014-02-04+24,000→ 24,000 totalExp: 2024-02-03→ Common Stock (24,000 underlying)
Footnotes (4)
- [F1]This Stock Option vests over four years of continuous service as follows: 25% of the underlying shares vest one year following the vesting commencement date of January 1, 2014 with the remaining 75% vesting in equal quarterly installments over the next three years. This stock option is 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.
- [F2]Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer upon vesting.
- [F3]The restricted stock units vest as follows: 25% of the underlying shares vest one year following the vesting commencement date of February 15, 2014, with the remaining 75% vesting in equal quarterly 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.
- [F4]The Issuer has up to 30 days following vesting to settle. The actual expiration date will be immediately following settlement.