Filing Details

Accession Number:
0001209191-16-121071
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-05-17 20:33:01
Reporting Period:
2016-05-15
Filing Date:
2016-05-17
Accepted Time:
2016-05-17 20:33:01
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 2016-05-15 4,750 $0.00 46,611 No 4 M Direct
Common Stock Acquisiton 2016-05-15 6,250 $0.00 52,861 No 4 M Direct
Common Stock Disposition 2016-05-16 4,178 $5.43 48,683 No 4 S Direct
Common Stock Disposition 2016-05-16 27 $5.68 48,656 No 4 S Direct
Common Stock Disposition 2016-05-16 21 $5.70 48,635 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
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 Restricted Stock Unit (RSU) Disposition 2016-05-15 4,750 $0.00 4,750 $0.00
Common Stock Restricted Stock Unit (RSU) Disposition 2016-05-15 6,250 $0.00 6,250 $0.00
Common Stock Restricted Stock Unit (RSU) Acquisiton 2016-05-16 50,000 $0.00 50,000 $0.00
Common Stock Stock Option (right to buy) Acquisiton 2016-05-16 260,000 $0.00 260,000 $5.65
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
73,250 No 4 M Direct
67,000 No 4 M Direct
117,000 No 4 A Direct
260,000 2026-05-16 No 4 A 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. Includes 2,625 shares acquired under the company's employee stock purchase plan on May 15, 2016.
  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. 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.
  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 May 15, 2016 and vest at a rate of 25% annually. Shares will be delivered to the reporting person on each vest date.
  6. The option vests monthly over 4 years following the vesting commencement date of May 15, 2016, at the rate of 1/48 per month.