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Filing Details

Accession Number:: 0001209191-15-080643
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2015-11-17 17:10:00
Reporting Period:: 2015-11-16

Filing Date:: 2015-11-17
Accepted Time:: 2015-11-17 17:10:00
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1364962	Imperva Inc	IMPV	Services-Prepackaged Software (7372)	030460133

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1190624	J Anthony Bettencourt	C/O Imperva, Inc. 3400 Bridge Parkway, Suite 200 Redwood Shores CA 94065	President And Ceo	Yes	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2015-11-16	32,904	$0.00	33,489	No	4	M	Direct
Common Stock	Acquisiton	2015-11-16	25,000	$29.25	58,489	No	4	M	Direct
Common Stock	Disposition	2015-11-16	18,015	$68.81	40,474	No	4	S	Direct
Common Stock	Disposition	2015-11-16	31,985	$69.62	8,489	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee Stock Option (Right to Buy)	Disposition	2015-11-16	25,000	$0.00	25,000	$29.25
Common Stock	Restricted Stock Units	Disposition	2015-11-16	66,250	$0.00	66,250	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
240,000		2024-08-19	No	4	M	Direct
198,750		2024-08-19	No	4	M	Direct

Footnotes

Represents the number of shares that were acquired in connection with the net settlement of the restricted stock units listed in Table II.
Includes 585 shares of common stock acquired by the reporting person on May 15, 2015 under the Imperva, Inc. 2011 Employee Stock PurchasePlan.
Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $68.30 to $69.29 per share. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range.
Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $69.30 to $69.96 per share. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares purchased at each separate price within the range.
This Stock Option vests over four years of continuous service as follows: 25% of the underlying shares vest one year following the vesting commencement date of August 18, 2014 with the remaining 75% vesting in equal quarterly installments over the next three years. This stock option is subject to accelerated vesting in the event of a termination of employment of the Reporting Person under certain circumstances following a change in control of the Issuer.
Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer upon vesting.
The restricted stock units vest as follows: 25% of the underlying shares vest one year following the vesting commencement date of November 15, 2014, with the remaining 75% vesting in equal quarterly installments over the next three years. The restricted stock units are subject to accelerated vesting in the event of a termination of employment of the Reporting Person under certain circumstances following a change in control of the Issuer.
The Issuer has up to 30 days following vesting to settle. The actual expiration date will be immediately following settlement.