4//SEC Filing
Identiv, Inc. 4
Accession 0001209191-15-042576
$INVECIK 0001036044operating
Filed
May 12, 8:00 PM ET
Accepted
May 13, 9:37 PM ET
Size
5.9 KB
Accession
0001209191-15-042576
Insider Transaction Report
Form 4
Identiv, Inc.INVE
Hart Jason
Executive Vice President
Transactions
- Award
Common Stock
2015-05-11$10.76/sh+294,750$3,171,510→ 641,852 total
Footnotes (3)
- [F1]On May 11, 2015, the reporting person became entitled to receive an earn-out payment in the form of shares of common stock which are subject to certain lock-up periods under the terms of the Stock Purchase Agreement entered into on April 29, 2011 between the Registrant and the selling shareholders of idOnDemand, Inc. (the "SPA"). The number of shares issuable pursuant to the SPA was determined on March 12, 2015, pursuant to a formula set forth in the SPA.
- [F2]For the purpose of determining the number of shares issuable pursuant to the earn-out payment, the Registrant's common stock was valued at $10.7575 per share, based on the average VWAP price for the 30 calendar day period ending immediately prior to the date of the announcement of annual results for fiscal year 2014.
- [F3]The number of common shares reported includes 275,000 RSUs granted pursuant to Issuer's 2011 Incentive Compensation Plan with each RSU representing a contingent right to receive one share of Issuer's common stock.
Documents
Issuer
Identiv, Inc.
CIK 0001036044
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001036044
Filing Metadata
- Form type
- 4
- Filed
- May 12, 8:00 PM ET
- Accepted
- May 13, 9:37 PM ET
- Size
- 5.9 KB