4//SEC Filing
InvenSense Inc 4
Accession 0001209191-16-099589
CIK 0001294924operating
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 8:34 PM ET
Size
9.7 KB
Accession
0001209191-16-099589
Insider Transaction Report
Form 4
InvenSense IncINVN
TACHNER ADAM H
VP and General Counsel
Transactions
- Exercise/Conversion
Common Stock
2016-02-15+2,000→ 71,793 total - Sale
Common Stock
2016-02-16$6.80/sh−901$6,128→ 70,892 total - Exercise/Conversion
Restricted Stock Unit (RSU)
2016-02-15−2,000→ 36,667 totalExercise: $0.00→ Common Stock (2,000 underlying)
Footnotes (5)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive at settlement one share of Invensense common stock at no cost.
- [F2]The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 Sales Plan adopted by the reporting person on November 4, 2015.
- [F3]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.
- [F4]The price reported in Column 4 reflects the weighted average price. These shares were sold in multiple transactions at prices ranging from $6.80 to $6.8525, inclusive. The reporting person undertakes to provide to InvenSense, Inc., any security holder of InvenSense, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and prices at which the transactions were effected.
- [F5]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
Issuer
InvenSense Inc
CIK 0001294924
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001294924
Filing Metadata
- Form type
- 4
- Filed
- Feb 16, 7:00 PM ET
- Accepted
- Feb 17, 8:34 PM ET
- Size
- 9.7 KB