SEC Form 4 · accession 0001209191-15-022465
INVE Technologies, Inc. · INVE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James E Ousley
Director
Period of report
Feb 28, 2015
Accepted (ET)
Mar 4, 2015 · 6:05 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001036044
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 28, 2015 | M | 3,746 | $9.67 | A | 8,741 | 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 UnitF1,F2 | — | Feb 28, 2015 | M | 3,746 | D | — | — | Common Stock | 3,746 | 3,746 | D |
Explanation of responses
- F1Each Restricted Stock Unit represents a contingent right to receive one share of Issuer's common stock.
- F2Restricted Stock Units granted pursuant to Issuer's 2011 Incentive Compensation Plan vesting 1/10 on August 31, 2014 with additional vesting of 3/10 on November 30, 2014, February 28, 2015 and May 31, 2015, respectively, provided the grant becomes completely vested by the date of the 2015 Annual Stockholder Meeting. Vested shares will be delivered to the reporting person on the vesting date.