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Filing Details

Accession Number:: 0001209191-16-095377
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2016-02-03 17:09:30
Reporting Period:: 2016-02-01

Filing Date:: 2016-02-03
Accepted Time:: 2016-02-03 17:09:30
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
1533440	Amichai Shulman	C/O Imperva, Inc. 3400 Bridge Parkway, Suite 200 Redwood Shores CA 94065	Chief Technology Officer	No	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	Explanation
Common Stock	Disposition	2016-02-01	2,996	$50.49	27,769	No	4	S	Indirect	See Footnote
Common Stock	Disposition	2016-02-01	4	$51.16	27,765	No	4	S	Indirect	See Footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See Footnote
No	4	S	Indirect	See Footnote

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Units	Acquisiton	2016-02-01	8,200	$0.00	8,200	$0.00
Common Stock	Restricted Stock Units	Acquisiton	2016-02-01	20,000	$0.00	20,000	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
8,200		2016-01-31	No	4	A	Direct
20,000		2025-02-02	No	4	A	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	86,740	Direct

Footnotes

This transaction was effected pursuant to a Rule 10b51 plan adopted by the Reporting Person.
Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $50.07 to $50.96. 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 sold at each separate price within the range.
The shares are owned of record by Amichai Shulman Holdings 2000 Ltd. The Reporting Person is a director and beneficial owner of the shares heldby such entity.
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 February 15, 2016, 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 certaincircumstances 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.
On February 3, 2015, the compensation committee of the board of directors granted performance-based restricted stock units subject to the issuer's achievement of performance conditions for the year ended December 31, 2015. On February 1, 2016, the compensation committee determined that the performance conditions had been achieved at the maximum level and awarded the restricted stock units, which vest as to 25% of the underlying shares on February 15, 2016, with the remaining 75% vesting in three equal quarterly installments thereafter. 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.