Filing Details
- Accession Number:
- 0001209191-16-099591
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-02-17 20:39:06
- Reporting Period:
- 2016-02-15
- Filing Date:
- 2016-02-17
- Accepted Time:
- 2016-02-17 20:39:06
- 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 |
|---|---|---|---|---|---|---|---|
| 1385552 | Mozafar Maghsoudnia | C/O Invensense Inc. 1745 Technology Drive San Jose CA 95110 | Vp Technology & Worldwide Manu | 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 | 2016-02-15 | 4,750 | $0.00 | 29,177 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2016-02-15 | 3,000 | $0.00 | 32,177 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2016-02-16 | 3,490 | $6.80 | 28,687 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Unit (RSU) | Disposition | 2016-02-15 | 4,750 | $0.00 | 4,750 | $0.00 |
| Common Stock | Restricted Stock Unit (RSU) | Disposition | 2016-02-15 | 3,000 | $0.00 | 3,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 81,000 | No | 4 | M | Direct | ||
| 78,000 | No | 4 | M | Direct |
Footnotes
- 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 November 8, 2015.
- 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 price reported in Column 4 reflects the weighted average price. These shares were sold in multiple transactions at prices ranging from $6.80 to $6.8525, inclusive. The reporting person undertakes to provide to InvenSense, Inc., any security holder of InvenSense, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and prices at which the transactions were effected.
- Subject to the Reporting Person's continuing employment and the provisions in the Invensense's standard form of RSU award agreement, the shares will commence vesting as of the Grant Date and vest at a rate of 25% annually. Shares will be delivered to the reporting person on each vest date.
- The amount reported in Column 9 reflects the aggregate number of Restricted Stock Units ("RSU")outstanding.
- 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.
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