Identiv, Inc. 4
4 · Identiv, Inc. · Filed Sep 10, 2014
Insider Transaction Report
Form 4
Identiv, Inc.INVE
Hart Jason
Executive Vice President
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2014-09-08−300,000→ 0 totalExercise: $8.80→ Common Stock (300,000 underlying) - Award
Common Stock
2014-09-08+150,000→ 210,500 total - Disposition to Issuer
Restricted Stock Unit
2014-09-08−50,000→ 0 total→ Common Stock (50,000 underlying)
Footnotes (4)
- [F1]Restricted Stock Units granted pursuant to Issuer's 2011 Incentive Compensation Plan. Restricted Stock Units will vest in equal quarterly installments (1/12) over a three year period from the grant date. Represents Restricted Stock Unit with a contingent right to receive one share of Issuer's common stock. Vested shares will be delivered to the reporting person on the vesting date.
- [F2]The number of common shares reported includes 150,000 Restricted Stock Units awarded in this grant.
- [F3]On September 8, 2014, the reporting person and the Issuer agreed to rescind the awards granted to the reporting person on March 13, 2014. The number of securities rescinded reflect the Issuer's one-for-ten reverse stock split effected on May 27, 2014.
- [F4]Each Restricted Stock Unit represents a contingent right to receive one share of Issuer's common stock.