RAU RAGHAVENDRA 4
4 · TiVo Corp · Filed Jun 12, 2019
Insider Transaction Report
Form 4
TiVo CorpTIVO
RAU RAGHAVENDRA
Director
Transactions
- Tax Payment
Common Stock
2019-06-10$6.94/sh−99,424$690,003→ 263,482 total - Exercise/Conversion
Common Stock
2019-06-10$0.00/sh+200,558$201→ 362,906 total - Exercise/Conversion
Restricted Stock Units
2019-06-10$0.00/sh−200,558$201→ 0 total→ Common Stock (200,558 underlying)
Footnotes (3)
- [F1]In connection with the Company's appointment of a new President and Chief Executive Officer, Mr. Rau's employment with the Company as Interim President and Chief Executive Officer ended May 31, 2019. As described in that certain Letter Agreement with Mr. Rau dated May 24, 2019 (the "Letter Agreement"), a copy of which was filed on Form 8-K on May 30, 2019, the 2018 and 2019 RSU awards were fully vested on June 10, 2019, the effective date of the release contemplated in the Benefits Conditions (as defined in the Letter Agreement).
- [F2]Shares withheld to satisfy tax withholding obligations upon vesting of restricted stock units.
- [F3]Each restricted stock unit represents a contingent right to receive one share of TIVO common stock.