4//SEC Filing
Lovit Andrew M 4
Accession 0001567619-19-007749
CIK 0001395848other
Filed
Mar 26, 8:00 PM ET
Accepted
Mar 27, 9:08 PM ET
Size
9.6 KB
Accession
0001567619-19-007749
Insider Transaction Report
Form 4
Lovit Andrew M
VP Worldwide Sales, Embed Sys
Transactions
- Award
Common Stock
2019-03-25+8,085→ 22,370 total - Award
Common Stock
2019-03-25+7,324→ 29,694 total - Award
Employee Stock Option (right to buy)
2019-03-25+6,596→ 6,596 totalExercise: $5.87Exp: 2029-03-25→ Common Stock (6,596 underlying)
Footnotes (4)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock upon settlement for no consideration. The RSUs will vest in equal quarterly installments over 4 years beginning on July 1, 2019, subject to the continued service of the Reporting Person through each vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting.
- [F2]Each performance-based restricted stock unit ("PSU") represents a contingent right to receive one share of the Issuer's common stock upon settlement for no consideration. Subject to the achievement of certain market-based performance metrics, 25% of the PSUs will vest every six months beginning September 15, 2020 until the earned PSUs have vested, subject to the continued service of the Reporting Person through each vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting.
- [F3]Includes 2,500 shares of Common Stock acquired on January 31, 2019 pursuant to the Issuer's employee stock purchase plan.
- [F4]The stock option will vest in equal quarterly installments over 4 years beginning on July 1, 2019, subject to the continued service of the Reporting Person through each vesting date.
Documents
Issuer
ADESTO TECHNOLOGIES Corp
CIK 0001395848
Entity typeother
Related Parties
1- filerCIK 0001716710
Filing Metadata
- Form type
- 4
- Filed
- Mar 26, 8:00 PM ET
- Accepted
- Mar 27, 9:08 PM ET
- Size
- 9.6 KB