SEC Form 4 · accession 0001503453-16-000130
INTEVAC INC · IVAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andres Brugal
Officer — EVP & General Manager,
Period of report
May 19, 2016
Accepted (ET)
May 23, 2016 · 6:55 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001001902
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F1 | $4.80 | May 19, 2016 | A | 30,000 | A | May 19, 2017 | May 19, 2023 | Common Stock | 30,000 | 30,000 | D |
| Restricted Stock UnitsF2,F3 | $0.00 | May 19, 2016 | A | 15,000 | A | May 19, 2017 | — | Common Stock | 15,000 | 45,789 | D |
Explanation of responses
- F1The option will vest and become exercisable in four equal installments upon the Reporting Person's completion of each year of service over the four-year period measured from the grant date.
- F2These 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.
- F3Vested shares will be delivered to the Reporting Person as soon as possible after each vesting date.