4//SEC Filing
Jin H.P. 4
Accession 0001214659-21-002100
CIK 0001474439other
Filed
Feb 18, 7:00 PM ET
Accepted
Feb 19, 2:27 PM ET
Size
17.0 KB
Accession
0001214659-21-002100
Insider Transaction Report
Form 4
Telenav, Inc.TNAV
Jin H.P.
DirectorPres,CEO & Chair. of the Board
Transactions
- Disposition to Issuer
Performance Stock Units
2021-02-17−192,000→ 48,000 totalExercise: $0.00Exp: 2021-10-29→ Common Stock (192,000 underlying) - Disposition to Issuer
Peformance Stock Units
2021-02-17−35,000→ 0 totalExercise: $0.00Exp: 2024-10-01→ Common Stock (35,000 underlying) - Disposition to Issuer
Non Qualified Stock Option
2021-02-17−67,500→ 0 totalExercise: $5.14Exp: 2026-09-15→ CommonStock (67,500 underlying) - Disposition to Issuer
Non Qualified Stock Option
2021-02-17−8,125→ 0 totalExercise: $6.86Exp: 2025-08-04→ Common Stock (8,125 underlying) - Disposition to Issuer
Common Stock
2021-02-17$4.80/sh−2,358,200$11,319,360→ 0 total - Disposition to Issuer
Performance Stock Units
2021-02-17−304,000→ 76,000 totalExercise: $0.00Exp: 2022-09-19→ Common Stock (304,000 underlying)
Footnotes (6)
- [F1]Each outstanding share of the Common Stock of the Issuer was converted into the right to receive $4.80 per share in cash, as described in the Agreement and Plan of Merger ("Merger Agreement") dated as of February 17, 2021, a copy of which is filed as Exhibit 99.1 to the Issuer's Form 8-K filed with the SEC on February 17, 2021.
- [F2]These securities were performance-based restricted stock units ("PSUs") that represented the Reporting Person's right to receive Common Stock of the Issuer. 80 percent of the PSUs were cancelled without any further consideration, as described in the Merger Agreement. The remaining shares are scheduled to vest on February 17, 2022.
- [F3]These securities were performance-based restricted stock units ("PSUs") that represented the Reporting Person's right to receive Common Stock of the Issuer. The PSUs were cancelled without any further consideration, as described in the Merger Agreement.
- [F4]This option was fully vested on October 10, 2020.
- [F5]This option was fully vested on July 31, 2019.
- [F6]Each outstanding option of the Issuer was cancelled without any cash payment or other consideration, as described in the Merger Agreement.
Documents
Issuer
Telenav, Inc.
CIK 0001474439
Entity typeother
Related Parties
1- filerCIK 0001477631
Filing Metadata
- Form type
- 4
- Filed
- Feb 18, 7:00 PM ET
- Accepted
- Feb 19, 2:27 PM ET
- Size
- 17.0 KB