4//SEC Filing
Dhanani Salman 4
Accession 0001214659-21-002101
CIK 0001474439other
Filed
Feb 18, 7:00 PM ET
Accepted
Feb 19, 2:28 PM ET
Size
19.7 KB
Accession
0001214659-21-002101
Insider Transaction Report
Form 4
Telenav, Inc.TNAV
Dhanani Salman
VP, Products and Marketing
Transactions
- Disposition to Issuer
Common Stock
2021-02-17$4.80/sh−281,125$1,349,400→ 0 total - Disposition to Issuer
Performance Stock Units
2021-02-17−64,000→ 16,000 totalExercise: $0.00Exp: 2022-09-19→ Common Stock (64,000 underlying) - Disposition to Issuer
Performance Stock Units
2021-02-17−400,000→ 0 totalExercise: $0.00Exp: 2024-03-01→ Common Stock (400,000 underlying) - Disposition to Issuer
Peformance Stock Units
2021-02-17−30,000→ 0 totalExercise: $0.00Exp: 2024-10-01→ Common Stock (30,000 underlying) - Disposition to Issuer
Non Qualified Stock Option
2021-02-17−35,000→ 0 totalExercise: $5.14Exp: 2026-09-15→ CommonStock (35,000 underlying) - Disposition to Issuer
Non Qualified Stock Option
2021-02-17−55,417→ 0 totalExercise: $5.10Exp: 2028-09-25→ Common Stock (55,417 underlying) - Disposition to Issuer
Non Qualified Stock Option
2021-02-17−55,000→ 0 totalExercise: $4.92Exp: 2029-11-20→ Common Stock (55,000 underlying)
Footnotes (8)
- [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]Total shares includes 5,000 shares purchased through the Company's 2019 ESPP Plan on February 1, 2021.
- [F3]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.
- [F4]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.
- [F5]This option was fully vested on October 10, 2020.
- [F6]This option vests 1/48 of the shares underlying these options on each monthly anniversary of the date of vesting commencement date, which is September 25, 2018.
- [F7]This option vests 1/48 of the shares underlying these options on each monthly anniversary of the date of vesting commencement date, which is November 20, 2019.
- [F8]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 0001477468
Filing Metadata
- Form type
- 4
- Filed
- Feb 18, 7:00 PM ET
- Accepted
- Feb 19, 2:28 PM ET
- Size
- 19.7 KB