INTEVAC INC 4
4 · INTEVAC INC · Filed May 23, 2016
Insider Transaction Report
Form 4
INTEVAC INCIVAC
Brugal Andres
Executive Vice President &
Transactions
- Award
Restricted Stock Units
2016-05-19+15,000→ 45,789 totalExercise: $0.00From: 2017-05-19→ Common Stock (15,000 underlying) - Award
Non-Qualified Stock Option (right to buy)
2016-05-19+30,000→ 30,000 totalExercise: $4.80From: 2017-05-19Exp: 2023-05-19→ Common Stock (30,000 underlying)
Footnotes (3)
- [F1]The option will vest and become exercisable in four equal installments upon the Reporting Person's completion of each year of service over the four-year period measured from the grant date.
- [F2]These are restricted stock units awarded to the Reporting Person and each restricted stock unit represents a contingent right to receive one share of IVAC common stock. The restricted stock units vest in four equal installments upon the Reporting Person's completion of each year of service over the four-year period measured from vesting commencement date.
- [F3]Vested shares will be delivered to the Reporting Person as soon as possible after each vesting date.