InvenSense Inc 4
4 · InvenSense Inc · Filed Nov 17, 2016
Insider Transaction Report
Form 4
InvenSense IncINVN
Maghsoudnia Mozafar
VP Technology & Worldwide Manu
Transactions
- Sale
Common Stock
2016-11-16$7.82/sh−1,801$14,084→ 59,189 total - Exercise/Conversion
Restricted Stock Unit (RSU)
2016-11-15−4,750→ 100,000 totalExercise: $0.00→ Common Stock (4,750 underlying) - Exercise/Conversion
Common Stock
2016-11-15+4,750→ 60,990 total
Footnotes (3)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive at settlement one share of Invensense common stock at no cost.
- [F2]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.
- [F3]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.