4//SEC Filing
Dhanani Salman 4
Accession 0001214659-20-010377
CIK 0001474439other
Filed
Dec 10, 7:00 PM ET
Accepted
Dec 11, 5:43 PM ET
Size
9.5 KB
Accession
0001214659-20-010377
Insider Transaction Report
Form 4
Telenav, Inc.TNAV
Dhanani Salman
VP, Products and Marketing
Transactions
- Tax Payment
Common Stock
2020-12-10$4.74/sh−8,263$39,167→ 276,125 total - Exercise/Conversion
Common Stock
2020-12-10+16,667→ 284,388 total - Exercise/Conversion
Restricted Stock Unit
2020-12-10−16,667→ 150,000 totalExercise: $0.00→ Common Stock (16,667 underlying)
Footnotes (3)
- [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 restricted stock units.
- [F2]Each RSU represents a contingent right to receive one share of Telenav, Inc.'s common stock.
- [F3]The shares subject to the RSU award will vest in equal quarterly installments, with the first installment vesting as of June 10, 2020 and the last installment vesting as of March 10, 2023 (subject to the Reporting Person's continued service with the Issuer through such respective vesting date)
Documents
Issuer
Telenav, Inc.
CIK 0001474439
Entity typeother
Related Parties
1- filerCIK 0001477468
Filing Metadata
- Form type
- 4
- Filed
- Dec 10, 7:00 PM ET
- Accepted
- Dec 11, 5:43 PM ET
- Size
- 9.5 KB