Filing Details

Accession Number:
0001209191-16-121060
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-05-17 20:14:35
Reporting Period:
2016-05-16
Filing Date:
2016-05-17
Accepted Time:
2016-05-17 20:14:35
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
1475839 L. Behrooz Abdi C/O Invensense Inc.
1745 Technology Drive
San Jose CA 95110
Ceo And President Yes 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 2016-05-16 4,747 $5.43 275,150 No 4 S Direct
Common Stock Disposition 2016-05-16 55 $5.68 275,095 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S 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 2016-05-16 200,000 $0.00 200,000 $5.65
Common Stock Stock Option (right to buy) Acquisiton 2016-05-16 200,000 $0.00 200,000 $5.65
Common Stock Stock Option (right to buy) Acquisiton 2016-05-16 300,000 $0.00 300,000 $5.65
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
200,000 2026-05-16 No 4 A Direct
400,000 2026-05-16 No 4 A Direct
700,000 2026-05-16 No 4 A Direct
Footnotes
  1. In connection with the vesting and delivery of restricted stock, shares were sold and the net proceeds were used to pay required withholding taxes.
  2. The option will vest ratably at a rate of 1/48th per month after commencement of vesting, and vesting commencing for such shares upon the closing price of InvenSense's publicly traded stock equaling or exceeding $12.50 per share for a period of 20 consecutive trading days.
  3. The option will vest ratably at a rate of 1/48th per month after commencement of vesting, and vesting commencing for such shares upon the closing price of InvenSense's publicly traded stock equaling or exceeding $15.50 per share for a period of 20 consecutive trading days.
  4. The option will vest ratably at a rate of 1/48th per month after commencement of vesting, and vesting commencing for such shares upon the closing price of InvenSense's publicly traded stock equaling or exceeding $17.50 per share for a period of 20 consecutive trading days.