Chen Samuel 4
4 · Telenav, Inc. · Filed Nov 12, 2019
Insider Transaction Report
Form 4
Telenav, Inc.TNAV
Chen Samuel
Director10% Owner
Transactions
- Exercise/Conversion
Restricted Stock Unit
2019-11-10−21,897→ 0 totalFrom: 2019-11-10→ Common Stock (21,897 underlying) - Tax Payment
Common Stock
2019-11-10$4.85/sh−6,569$31,860→ 39,254 total - Exercise/Conversion
Common Stock
2019-11-10+21,897→ 45,823 total
Holdings
- 7,313,467(indirect: By corporation)
Common Stock
Footnotes (4)
- [F1]Transaction represents tax withholding in connection with the vesting of the restricted stock units 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]Represents shares held by Digital Mobile Ventures Ltd., over which shares Mr. Chen and his Fiona Chang share voting and dispositive powers.
- [F3]Each restricted stock unit represents a contingent right to receive one share of Telenav, Inc.'s common stock.
- [F4]The restricted stock units fully vested on November 10, 2019.