InvenSense Inc 4
4 · InvenSense Inc · Filed May 17, 2017
Insider Transaction Report
Form 4
InvenSense IncINVN
Abdi Behrooz L.
Director
Transactions
- Sale
Common Stock
2017-05-16$12.98/sh−4,701$61,019→ 250,315 total - Award
Restricted Stock Unit (RSU)
2017-05-15+210,000→ 210,000 totalExercise: $0.00→ Common Stock (210,000 underlying)
Footnotes (3)
- [F1]In connection with the vesting and delivery of restricted stock, shares were sold and the net proceeds were used to pay required withholding taxes.
- [F2]Each Restricted Stock Unit ("RSU") represents a contingent right to receive at settlement one share of Invensense common stock at no cost.
- [F3]Subject to the Reporting Person's continuing employment and the provisions in the Invensense's standard form of RSU award agreement, the shares will commence vesting as of the Grant Date and vest at a rate of 25% annually. Shares will be delivered to the reporting person on each vest date.