Filing Details
- Accession Number:
- 0001209191-16-121071
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-05-17 20:33:01
- Reporting Period:
- 2016-05-15
- Filing Date:
- 2016-05-17
- Accepted Time:
- 2016-05-17 20:33:01
- 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 | 2016-05-15 | 4,750 | $0.00 | 46,611 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2016-05-15 | 6,250 | $0.00 | 52,861 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2016-05-16 | 4,178 | $5.43 | 48,683 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2016-05-16 | 27 | $5.68 | 48,656 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2016-05-16 | 21 | $5.70 | 48,635 | 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 | |
| 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 | Restricted Stock Unit (RSU) | Disposition | 2016-05-15 | 4,750 | $0.00 | 4,750 | $0.00 |
| Common Stock | Restricted Stock Unit (RSU) | Disposition | 2016-05-15 | 6,250 | $0.00 | 6,250 | $0.00 |
| Common Stock | Restricted Stock Unit (RSU) | Acquisiton | 2016-05-16 | 50,000 | $0.00 | 50,000 | $0.00 |
| Common Stock | Stock Option (right to buy) | Acquisiton | 2016-05-16 | 260,000 | $0.00 | 260,000 | $5.65 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 73,250 | No | 4 | M | Direct | ||
| 67,000 | No | 4 | M | Direct | ||
| 117,000 | No | 4 | A | Direct | ||
| 260,000 | 2026-05-16 | No | 4 | A | Direct |
Footnotes
- Each Restricted Stock Unit ("RSU") represents a contingent right to receive at settlement one share of Invensense common stock at no cost.
- Includes 2,625 shares acquired under the company's employee stock purchase plan on May 15, 2016.
- 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.
- 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.
- 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 May 15, 2016 and vest at a rate of 25% annually. Shares will be delivered to the reporting person on each vest date.
- The option vests monthly over 4 years following the vesting commencement date of May 15, 2016, at the rate of 1/48 per month.
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