IMPERVA INC 4
4 · IMPERVA INC · Filed Nov 16, 2016
Insider Transaction Report
Form 4
IMPERVA INCIMPV
Bear Mary E.G.
SVP, Cloud Services
Transactions
- Exercise/Conversion
Restricted Stock Units
2016-11-15−6,875→ 20,625 totalExp: 2025-10-27→ Common Stock (6,875 underlying) - Exercise/Conversion
Common Stock
2016-11-15+4,291→ 4,725 total
Footnotes (5)
- [F1]Represents the number of shares that were acquired in connection with the settlement of the restricted stock units listed in Table II.
- [F2]Includes 434 shares of common stock acquired by the reporting person under the Imperva, Inc. 2011 Employee Stock Purchase Plan.
- [F3]Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer upon vesting.
- [F4]The restricted stock units vest as follows: 25% of the underlying shares vest one year following the vesting commencement date of November 15, 2015, 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 certain circumstances following a change in control of the Issuer.
- [F5]The Issuer has up to 30 days following vesting to settle. The actual expiration date will be immediately following settlement.