Filing Details

Accession Number:
0001209191-16-095377
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-02-03 17:09:30
Reporting Period:
2016-02-01
Filing Date:
2016-02-03
Accepted Time:
2016-02-03 17:09:30
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1364962 Imperva Inc IMPV Services-Prepackaged Software (7372) 030460133
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1533440 Amichai Shulman C/O Imperva, Inc.
3400 Bridge Parkway, Suite 200
Redwood Shores CA 94065
Chief Technology Officer 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 Disposition 2016-02-01 2,996 $50.49 27,769 No 4 S Indirect See Footnote
Common Stock Disposition 2016-02-01 4 $51.16 27,765 No 4 S Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See Footnote
No 4 S Indirect See Footnote
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Acquisiton 2016-02-01 8,200 $0.00 8,200 $0.00
Common Stock Restricted Stock Units Acquisiton 2016-02-01 20,000 $0.00 20,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
8,200 2016-01-31 No 4 A Direct
20,000 2025-02-02 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 86,740 Direct
Footnotes
  1. This transaction was effected pursuant to a Rule 10b51 plan adopted by the Reporting Person.
  2. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $50.07 to $50.96. The Reporting Person has provided to the Issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
  3. The shares are owned of record by Amichai Shulman Holdings 2000 Ltd. The Reporting Person is a director and beneficial owner of the shares heldby such entity.
  4. Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer upon vesting.
  5. The restricted stock units vest as follows: 25% of the underlying shares vest one year following the vesting commencement date of February 15, 2016, 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 certaincircumstances following a change in control of the Issuer.
  6. The Issuer has up to 30 days following vesting to settle. The actual expiration date will be immediately following settlement.
  7. On February 3, 2015, the compensation committee of the board of directors granted performance-based restricted stock units subject to the issuer's achievement of performance conditions for the year ended December 31, 2015. On February 1, 2016, the compensation committee determined that the performance conditions had been achieved at the maximum level and awarded the restricted stock units, which vest as to 25% of the underlying shares on February 15, 2016, with the remaining 75% vesting in three equal quarterly installments thereafter. 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.