SEC Form 4 · accession 0001503453-16-000111
INTEVAC INC · IVAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher Smith
Officer — VP, Business Development
Period of report
May 15, 2016
Accepted (ET)
May 17, 2016 · 4:24 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001001902
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 15, 2016 | F | 507 | $4.54 | D | 32,440 | D | |
| Common Stock | May 15, 2016 | F | 568 | $4.54 | D | 31,872 | D | |
| Common Stock | May 15, 2016 | F | 880 | $4.54 | D | 30,992 | D | |
| Common Stock | May 15, 2016 | M | 6,021 | $0.00 | A | 37,013 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | $0.00 | May 15, 2016 | M | 6,021 | D | Feb 15, 2017 | — | Common Stock | 6,021 | 25,299 | D |
Explanation of responses
- F1These are restricted stock units awarded to the Reporting Person and each restricted stock unit represents a contingent right to receive one share of IVAC common stock. The restricted stock units vest in four equal installments upon the Reporting Person's completion of each year of service over the four-year period measured from vesting commencement date.