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4//SEC Filing

NAGDEV SUNIL D 4

Accession 0001209191-18-008571

CIK 0001364962other

Filed

Feb 7, 7:00 PM ET

Accepted

Feb 8, 6:45 PM ET

Size

9.2 KB

Accession

0001209191-18-008571

Insider Transaction Report

Form 4
Period: 2018-02-06
NAGDEV SUNIL D
SVP WW Services & Support
Transactions
  • Award

    Restricted Stock Units

    2018-02-06+7,3077,307 total
    Exp: 2027-02-05Common Stock (7,307 underlying)
  • Award

    Restricted Stock Units

    2018-02-06+4,0924,092 total
    Exp: 2027-04-24Common Stock (4,092 underlying)
Footnotes (4)
  • [F1]Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer upon vesting.
  • [F2]On February 6, 2017, the compensation committee of the board of directors granted performance-based restricted stock units subject to the Issuer's achievement of performance conditions for the year ended December 31, 2017. On February 6, 2018, the compensation committee determined that the performance conditions had been achieved at 58.46% of the target and awarded the restricted stock units, which vest as to 12.5% of the underlying shares on February 15, 2018, with the remainder vesting quarterly in 12.5% increments. The restricted stock units are subject to accelerated vesting in the event of a termination of employment of the Reporting Person under certain circumstances following a change in control of the Issuer.
  • [F3]The Issuer has up to 30 days following vesting to settle. The actual expiration date will be immediately following settlement.
  • [F4]On April 25, 2017, the compensation committee of the board of directors granted performance-based restricted stock units subject to the Issuer's achievement of performance conditions for the year ended December 31, 2017. On February 6, 2018, the compensation committee determined that the performance conditions had been achieved at 58.46% of the target and awarded the restricted stock units, which vest as to 12.5% of the underlying shares on May 15, 2018, with the remainder vesting quarterly in 12.5% increments. The restricted stock units are subject to accelerated vesting in the event of a termination of employment of the Reporting Person under certain circumstances following a change in control of the Issuer.

Issuer

IMPERVA INC

CIK 0001364962

Entity typeother

Related Parties

1
  • filerCIK 0001246851

Filing Metadata

Form type
4
Filed
Feb 7, 7:00 PM ET
Accepted
Feb 8, 6:45 PM ET
Size
9.2 KB