Bettencourt Anthony J 4
4 · IMPERVA INC · Filed Feb 22, 2018
Insider Transaction Report
Form 4
IMPERVA INCIMPV
Bettencourt Anthony J
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock
2018-02-20$29.25/sh+35,312$1,032,876→ 66,037 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2018-02-20−35,312→ 49,688 totalExercise: $29.25Exp: 2024-08-19→ Common Stock (35,312 underlying) - Sale
Common Stock
2018-02-20$47.13/sh−35,312$1,664,255→ 30,725 total - Sale
Common Stock
2018-02-20$46.80/sh−30,725$1,437,930→ 0 total
Footnotes (3)
- [F1]Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $47.00 to $47.45 per share. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range.
- [F2]Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $46.60 to $47.00 per share. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range.
- [F3]This Stock Option vests over four years of continuous service as follows: 25% of the underlying shares vest one year following the vesting commencement date of August 18, 2014 with the remaining 75% vesting in equal quarterly installments over the next three years.