InvenSense Inc 4
4 · InvenSense Inc · Filed May 17, 2017
Insider Transaction Report
Form 4
InvenSense IncINVN
Maghsoudnia Mozafar
VP Technology & Worldwide Manu
Transactions
- Sale
Common Stock
2017-05-16$12.98/sh−8,882$115,288→ 78,794 total - Exercise/Conversion
Restricted Stock Unit (RSU)
2017-05-15−23,500→ 71,750 totalExercise: $0.00→ Common Stock (23,500 underlying) - Exercise/Conversion
Common Stock
2017-05-15+23,500→ 87,676 total
Footnotes (4)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive at settlement one share of Invensense common stock at no cost.
- [F2]Includes 2,382 shares acquired under the company's employee stock purchase plan on May 15, 2017.
- [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]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.