Chen Samuel 4
4 · Telenav, Inc. · Filed Nov 23, 2020
Insider Transaction Report
Form 4
Telenav, Inc.TNAV
Chen Samuel
Director10% Owner
Transactions
- Tax Payment
Common Stock
2020-11-20$4.76/sh−6,397$30,450→ 54,183 total - Exercise/Conversion
Restricted Stock Unit
2020-11-20−21,326→ 0 totalExercise: $0.00From: 2020-11-20→ Common Stock (21,326 underlying) - Exercise/Conversion
Common Stock
2020-11-20+21,326→ 60,580 total
Holdings
- 7,313,467(indirect: Digital Mobile Ventures)
Common Stock
Footnotes (4)
- [F1]Transaction represents tax withholding in connection with the vesting of the restricted stock units (RSUs) awarded to the Reporting Person. In an exempt disposition to the Issuer under rule 16b-3(e), the Issuer withheld shares otherwise to be delivered to the Reporting Person in connection with the satisfaction of the Issuer's estimate of the Reporting Person's minimum statutory tax withholding requirement arising from the vesting of such shares under a previously reported award of RSUs.
- [F2]Represents shares held by Digital Mobile Ventures Ltd., over which shares Mr. Chen and his spouse Fiona Chang share voting and dispositive powers.
- [F3]Each RSU represents a contingent right to receive one share of Telenav, Inc.'s common stock.
- [F4]The shares subject to the RSUs fully vested on November 20, 2020.