Filing Details

Accession Number:
0001209191-15-080761
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-11-17 20:32:56
Reporting Period:
2015-11-15
Filing Date:
2015-11-17
Accepted Time:
2015-11-17 20:32:56
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1294924 Invensense Inc INVN Semiconductors & Related Devices (3674) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1385552 Mozafar Maghsoudnia C/O Invensense Inc.
1745 Technology Drive
San Jose CA 95110
Vp Technology & Worldwide Manu No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2015-11-15 3,000 $0.00 22,072 No 4 M Direct
Common Stock Acquisiton 2015-11-15 4,750 $0.00 26,822 No 4 M Direct
Common Stock Disposition 2015-11-16 2,936 $11.38 24,427 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Unit (RSU) Disposition 2015-11-15 4,750 $0.00 4,750 $0.00
Common Stock Restricted Stock Unit (RSU) Disposition 2015-11-15 3,000 $0.00 3,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
9,500 No 4 M Direct
3,000 No 4 M Direct
Footnotes
  1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive at settlement one share of Invensense common stock at no cost.
  2. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 Sales Plan adopted by the reporting person on December 9, 2014.
  3. 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.
  4. Includes 541 shares acquired under the company's employee stock purchase plan on November 15, 2015.
  5. 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.
  6. 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.