SEC Form 4 · accession 0001503453-18-000052
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 17, 2018
Accepted (ET)
May 21, 2018 · 6:25 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 StockF1 | May 17, 2018 | A | 8,125 | $0.00 | A | 92,241 | D |
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)F2 | $4.70 | May 17, 2018 | A | 16,250 | A | May 17, 2019 | May 17, 2025 | Common Stock | 16,250 | 16,250 | D |
Explanation of responses
- F1Each share of IVAC common stock is represented by a restricted stock unit ("RSU"). The RSUs vest in four equal installments upon the Reporting Person's completion of each year of service over the four-year period measured from the vesting commencement date.
- F2The 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.