PATEL ARVIN 4
4 · TiVo Corp · Filed Jun 4, 2019
Insider Transaction Report
Form 4
TiVo CorpTIVO
PATEL ARVIN
EVP, Chief IP Officer
Transactions
- Award
Performance Rights
2019-06-01$0.00/sh+13,888$14→ 51,769 total→ Common Stock (13,888 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of TIVO common stock.
- [F2]Granted June 1, 2019, this Performance-Based RSU Award shall vest, if at all, only to the extent that Mr. Patel remains in employment with TiVo Corporation (the "Company") on the earliest date that the Company consummates (i) a sale of the entire Company, (ii) a spin-off of the Company's Product business, (iii) a spin-off of the Company's IP Licensing business or (iv) a sale of either of the Company's Product or IP Licensing businesses.
- [F3]This award does not have an expiration date.