Filing Details
- Accession Number:
- 0001209191-15-044715
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-05-19 21:08:13
- Reporting Period:
- 2015-05-15
- Filing Date:
- 2015-05-19
- Accepted Time:
- 2015-05-19 21:08:13
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1294924 | Invensense Inc | INVN | Semiconductors & Related Devices (3674) | 000000000 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1277629 | H Adam Tachner | C/O Invensense Inc. 1745 Technology Drive San Jose CA 95110 | Vp & General Counsel | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2015-05-15 | 20,000 | $0.00 | 42,736 | No | 4 | A | Direct | |
Common Stock | Acquisiton | 2015-05-15 | 2,000 | $0.00 | 44,736 | No | 4 | M | Direct | |
Common Stock | Disposition | 2015-05-18 | 742 | $14.46 | 43,994 | No | 4 | S | Direct | |
Common Stock | Disposition | 2015-05-18 | 2 | $14.59 | 43,992 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | A | Direct | |
No | 4 | M | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Stock Option (right to buy) | Acquisiton | 2015-05-15 | 80,000 | $0.00 | 80,000 | $14.57 |
Common Stock | Restricted Stock Unit (RSU) | Disposition | 2015-05-15 | 2,000 | $0.00 | 2,000 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
80,000 | 2025-05-15 | No | 4 | M | Direct | |
79,334 | No | 4 | M | Direct |
Footnotes
- Represents a grant of unvested restricted stock. 25% of the award will vest and become subject to release from restrictions annually over the next four years beginning May 15, 2016.
- Each Restricted Stock Unit ("RSU") represents a contingent right to receive at settlement one share of Invensense common stock at no cost.
- The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 Sales Plan adopted by the reporting person on December 11, 2014.
- In connection with the vesting and delivery of restricted stock units, shares were sold and the net proceeds were used to pay required withholding taxes.
- The option vests monthly over 4 years following the vesting commencement date of May 15, 2015, at the rate of 1/48 per month.
- Subject to the Reporting Person's continuing employment and the provisions in Invensense's standard form of RSU award agreement, 25% of the shares will vest one year from the Grant Date, 25% of the shares will vest on 8/15/15, 25% of the shares will vest on 11/15/15 and 25% of the shares will vest on 2/15/16. Shares will be delivered to the reporting person on each vest date.