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Filing Details

Accession Number:: 0001140361-16-085884
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2016-11-10 17:25:28
Reporting Period:: 2016-10-29

Filing Date:: 2016-11-10
Accepted Time:: 2016-11-10 17:25:28
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1395848	Adesto Technologies Corp	IOTS	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1226002	D Thomas Spade	C/O Adesto Technologies Corporation 3600 Peterson Way Santa Clara CA 95054	Vp, Worldwide Sales	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
Common Stock	Acquisiton	2016-10-29	385	$0.00	1,540	No	4	M	Direct
Common Stock	Acquisiton	2016-10-30	20,229	$0.00	41,999	No	4	M	Direct
Common Stock	Disposition	2016-11-01	9,654	$1.73	32,345	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

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	Disposition	2016-10-29	1,540	$0.00	1,540	$0.00
Common Stock	Restricted Stock Units	Disposition	2016-10-30	40,459	$0.00	40,459	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0			No	4	M	Direct
0			No	4	M	Direct

Footnotes

Vesting and release of restricted stock units ("RSUs") granted to the Reporting Person on February 9, 2016 (the "February 2016 RSUs").
Includes the remaining 1,155 shares underlying the February 2016 RSUs, the grant of which was previously reported in Table II of a Form 4 filed by the Reporting Person on February 19, 2016. The February 2016 RSUs vested as to 1/4th of the total number of shares on October 29, 2016, and thereafter will vest as to 1/48th of the total number of shares in equal monthly installments. Shares of the Issuer's common stock will be delivered to the Reporting Person following vesting.
Vesting and release of RSUs granted to the Reporting Person on October 30, 2015 (the "October 2015 RSUs").
Includes the remaining 20,230 shares underlying the October 2015 RSUs, the grant of which was previously reported in Table II of a Form 4 filed by the Reporting Person on November 3, 2015. The October 2015 RSUs vested as to 50% of the RSUs on October 30, 2016, and thereafter will vest quarterly as to 12.5% of the total RSUs in equal installments. Shares of the Issuer's common stock will be delivered to the Reporting Person following vesting.
Represents the aggregate number of shares of the Issuer's common stock sold by the Reporting Person between November 1, 2016 and November 7, 2016 to cover taxes due upon the release and settlement of the RSU's. The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes.
Represents the average sales price per share. The shares were sold at prices ranging from $1.50 to $2.00 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
Each RSU represents a contingent right to receive 1 share of the Issuer's Common Stock upon settlement for no consideration.
The RSUs vested as to 1/4th of the total number of shares on October 29, 2016, and thereafter will vest as to 1/48th of the total number of shares in equal monthly installments. Shares of the Issuer's common stock will be delivered to the Reporting Person following vesting.
50% of the RSUs vested on October 30, 2016, and thereafter will vest quarterly as to 12.5% of the total RSUs in equal installments. Shares of the Issuer's common stock will be delivered to the Reporting Person following vesting.