4//SEC Filing
InvenSense Inc 4
Accession 0001209191-15-044717
CIK 0001294924operating
Filed
May 18, 8:00 PM ET
Accepted
May 19, 9:13 PM ET
Size
19.2 KB
Accession
0001209191-15-044717
Insider Transaction Report
Form 4
InvenSense IncINVN
Lloyd Stephen
Vice President
Transactions
- Exercise/Conversion
Common Stock
2015-05-15+3,750→ 54,086 total - Exercise/Conversion
Common Stock
2015-05-15+2,000→ 56,086 total - Sale
Common Stock
2015-05-18$14.57/sh−5$73→ 53,904 total - Exercise/Conversion
Restricted Stock Unit (RSU)
2015-05-15−2,000→ 47,250 totalExercise: $0.00→ Common Stock (2,000 underlying) - Exercise/Conversion
Restricted Stock Unit (RSU)
2015-05-15−3,750→ 49,250 totalExercise: $0.00→ Common Stock (3,750 underlying) - Award
Common Stock
2015-05-15+20,000→ 50,336 total - Award
Stock Option (right to buy)
2015-05-15+75,000→ 75,000 totalExercise: $14.57Exp: 2025-05-15→ Common Stock (75,000 underlying) - Sale
Common Stock
2015-05-18$14.46/sh−2,177$31,479→ 53,909 total
Footnotes (7)
- [F1]Represents a grant of unvested restricted stock. 25% of the award will vest and become subject to release from restrictions annually over the next four years beginning May 15, 2016.
- [F2]Each Restricted Stock Unit ("RSU") represents a contingent right to receive at settlement one share of Invensense common stock at no cost
- [F3]The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 Sales Plan adopted by the reporting person on December 8, 2014.
- [F4]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.
- [F5]The option vests monthly over 4 years following the vesting commencement date of May 15,2015, at the rate of 1/48 per month.
- [F6]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.
- [F7]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.
Documents
Issuer
InvenSense Inc
CIK 0001294924
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001294924
Filing Metadata
- Form type
- 4
- Filed
- May 18, 8:00 PM ET
- Accepted
- May 19, 9:13 PM ET
- Size
- 19.2 KB