SEC Form 4 · accession 0001503453-17-000022
INTEVAC INC · IVAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jay Cho
Officer — EVP & General Manager
Period of report
Feb 14, 2017
Accepted (ET)
Feb 16, 2017 · 5:29 pm EST
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 | Feb 14, 2017 | F | 2,186 | $11.20 | D | 26,912 | D | |
| Common Stock | Feb 14, 2017 | A | 6,250 | $0.00 | A | 33,162 | D | |
| Common Stock | Feb 15, 2017 | F | 4,279 | $10.75 | D | 28,883 | D | |
| Common Stock | Feb 15, 2017 | F | 609 | $10.75 | D | 28,274 | D | |
| Common Stock | Feb 15, 2017 | M | 14,728 | $0.00 | A | 43,002 | 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 UnitsF2,F3 | $0.00 | Feb 15, 2017 | M | 14,728 | D | Feb 15, 2017 | — | Common Stock | 14,728 | 26,875 | D |
Explanation of responses
- F1Pursuant to the release/vesting of performance-based restricted stock units.
- 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.