Filing Details

Accession Number:
0000899243-15-008124
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-11-13 16:32:24
Reporting Period:
2015-11-12
Filing Date:
2015-11-13
Accepted Time:
2015-11-13 16:32:24
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1001902 Intevac Inc IVAC Special Industry Machinery, Nec (3559) 943125814
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1346543 Northern Right Capital Management, L.p. 10 Corbin Drive, 3Rd Floor
Darien CT 06820
Yes No No Yes
1349003 Bc Advisors Llc 10 Corbin Drive, 3Rd Floor
Darien CT 06820
No No No Yes
1349005 R Steven Becker C/O Northern Right Capital Management,
L.p. 500 Crescent Court, Suite 230
Dallas TX 75201
No No No Yes
1451722 Northern Right Capital (Qp), L.p. 10 Corbin Drive, 3Rd Floor
Darien CT 06820
No No No Yes
1458693 A Matthew Drapkin C/O Northern Right Capital Management,
L.p. 10 Corbin Drive, 3Rd Floor
Darien CT 06820
Yes No No Yes
1657252 Becker Drapkin Partners Slv, Ltd. 10 Corbin Drive, 3Rd Floor
Darien CT 06820
No No No Yes
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 Disposition 2015-11-12 1,128,605 $4.98 0 No 4 S Indirect See footnotes
Common Stock Disposition 2015-11-12 354,566 $4.98 0 No 4 S Indirect See footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnotes
No 4 S Indirect See footnotes
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 779,801 Indirect See footnotes
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Non-Qualified Stock Options $5.62 2016-06-04 2022-06-04 13,000 13,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2022-06-04 13,000 13,000 Direct
Footnotes
  1. Represents Common Stock of the Issuer directly held by Becker Drapkin Partners SLV, Ltd. ("BD SLV").
  2. Represents Common Stock of the Issuer directly held by a managed account on behalf of an investment advisory client (the "Managed Account") of Northern Right Capital Management, L.P. ("NRC Management").
  3. Represents Common Stock of the Issuer directly held by Northern Right Capital (QP), L.P. ("NRC QP").
  4. Represents shares sold to the Issuer pursuant to a Share Purchase Agreement by and among BD SLV, NRC Management and the Issuer, dated as of November 12, 2015.
  5. Mr. Becker and Mr. Drapkin may be deemed to beneficially own such Common Stock as each is a member of BC Advisors, LLC, which is the general partner of NRC Management (of which each of Mr. Becker and Mr. Drapkin is a limited partner), and NRC Management is the general partner of, and investment manager for, NRC QP, and the investment manager of each of BD SLV and the Managed Account. Each of Mr. Becker and Mr. Drapkin disclaim beneficial ownership in such Common Stock except to the extent of his pecuniary interest therein.
  6. In connection with Mr. Drapkin's reelection to the Board of Directors of the Issuer, the Issuer granted these options to Mr. Drapkin. This option grant will vest in full on June 4, 2016.