Filing Details

Accession Number:
0001209191-14-035166
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-05-19 17:08:16
Reporting Period:
2014-05-15
Filing Date:
2014-05-19
Accepted Time:
2014-05-19 17:08:16
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
1211274 Alan Krock 1745 Technology Drive
San Jose CA 95110
Chief Financial 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 Acquisiton 2014-05-15 4,375 $0.00 4,375 No 4 M Direct
Common Stock Disposition 2014-05-16 1,660 $17.53 2,715 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 Stock Option (right to buy) Acquisiton 2014-05-15 60,000 $0.00 60,000 $17.66
Common Stock Restricted Stock Unit (RSU) Acquisiton 2014-05-15 8,000 $0.00 8,000 $0.00
Common Stock Restricted Stock Unit (RSU) Disposition 2014-05-15 4,375 $0.00 4,375 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
60,000 2024-05-15 No 4 A Direct
78,000 No 4 A Direct
73,625 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. 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.
  3. The shares subject to this option shall vest 100% on April 1, 2018.
  4. 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.
  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.