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InvenSense Inc 4

Accession 0001209191-15-044715

CIK 0001294924operating
View on SEC.govCompany Profile

Filed

May 18, 8:00 PM ET

Accepted

May 19, 9:08 PM ET

Size

14.9 KB

Accession

0001209191-15-044715

Insider Transaction Report

Form 4
Period: 2015-05-15
InvenSense IncINVN
TACHNER ADAM H
VP and General Counsel
Transactions
  • Exercise/Conversion

    Common Stock

    2015-05-15+2,000→ 44,736 total
  • Exercise/Conversion

    Stock Option (right to buy)

    2015-05-15+80,000→ 80,000 total
    Exercise: $14.57Exp: 2025-05-15→ Common Stock (80,000 underlying)
  • Award

    Common Stock

    2015-05-15+20,000→ 42,736 total
  • Sale

    Common Stock

    2015-05-18$14.46/sh−742$10,729→ 43,994 total
  • Sale

    Common Stock

    2015-05-18$14.59/sh−2$29→ 43,992 total
  • Exercise/Conversion

    Restricted Stock Unit (RSU)

    2015-05-15−2,000→ 79,334 total
    Exercise: $0.00→ Common Stock (2,000 underlying)
Footnotes (6)
  • [F1]Represents a grant of unvested restricted stock. 25% of the award will vest and become subject to release from restrictions annually over the next four years beginning May 15, 2016.
  • [F2]Each Restricted Stock Unit ("RSU") represents a contingent right to receive at settlement one share of Invensense common stock at no cost.
  • [F3]The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 Sales Plan adopted by the reporting person on December 11, 2014.
  • [F4]In connection with the vesting and delivery of restricted stock units, shares were sold and the net proceeds were used to pay required withholding taxes.
  • [F5]The option vests monthly over 4 years following the vesting commencement date of May 15, 2015, at the rate of 1/48 per month.
  • [F6]Subject to the Reporting Person's continuing employment and the provisions in Invensense's standard form of RSU award agreement, 25% of the shares will vest one year from the Grant Date, 25% of the shares will vest on 8/15/15, 25% of the shares will vest on 11/15/15 and 25% of the shares will vest on 2/15/16. Shares will be delivered to the reporting person on each vest date.

Documents

1 file

Issuer

InvenSense Inc

CIK 0001294924

→
Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001294924

Filing Metadata

Form type
4
Filed
May 18, 8:00 PM ET
Accepted
May 19, 9:08 PM ET
Size
14.9 KB
View on SEC.gov